Is Pet Insurance neccessary?

Pets are like “members” of our families. Having insurance to protect pets when they are sick makes us feel more relieved, right? This time, ACU PAY compares the information of each pet insurance before deciding whether pet insurance is needed or not.

What does Pet Insurance cover? Is it similar to Human Insuarance?

Each pet insurance policy will vary depending on each insurance provider and the type of policy purchased. Normally, it can be claimed a compensation for these cases as follow;

Medical expenses in case pets are in accidents
Medical expenses in case of illness
Medical expenses in case of death
Compensation in case of loss – plus missing announcement costs ( may include Prize money expenses)
Liability insurance such as our dogs injured other people or damage other people property
Compensation for a taking care in case of an owner traveling abroad
Emergency Treatment for pets when the owner is overseas

Why is Pet Insuarance neccessary?

For those who still hesitate whether to do insurance for pet or not, try thinking about the following factors before making a decision;

Age of pets: The older your pets are, the more diseases follow. Nowadays, the medical expenses for pets are relatively high, so pet insurance is another option to relieve your expenses burden.
Reserved money for treatment: If owners are confident that they can plan and manage their pet care costs, they may not need insurance. Nevertheless, they must consider some of the diseases that can be costly and potentially require continuous treatment, which could disrupt financial plans.
Genetic risk: In addition to general diseases, dogs and cats are also at risk of developing genetic-derived specialized diseases that vary from species such as hip dysplasia, allergic dermatitis, kidney disease, etc.

In this regard, the choice of insurance should be studied and compared about the worthiness and price that are appropriate for our pets. Pet insurance should be preferred when the animal is young because it is more expensive and difficult to do so at an old age. If an illness is detected before doing insurance, it may not cover the existing disease.

Interesting Pet Insurance Plan in 2024

Muang Thai Cats &Dogs Plus
This is a cats and dogs insurance from Muang Thai Insurance. This insurance covers when pets are sick or in an accident, as well as liability if your pets cause injury or property damage. There are two types of insurance: microchip with a starting premium of 3,200 baht and no microchip with a starting premium of 3,000 baht.
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PET FRIEND Insurance
PET FRIEND Insurance is an insurance from Thaivivat Insurance Public Company Limited. There are 6 insurance plans which cover accidents and illness. The premium starts at 600 – 12,500 baht per year. There is also a plan with unlimited medical expenses per time under the annual limit of 200,000 baht. The age of pets eligible for insurance must be 8 weeks to 7 years.
TIP PET LOVER
Insurance for animal lovers. Full coverage is provided for pet lovers with an initial premium of 645 baht/year. Covering up to 30,000 baht/year of accidental medical expenses, liability expenses for other people, funeral expenses, vaccination costs, missing pets announcement costs, death compensation, babysitting without health examination, no microchip implantation, and caring costs as well.
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PET Protect Sure
A pet insurance from Falcon Insurance Public Company Limited. Accident and health insurance for dogs and cats offers an annual premium of 599 baht, the maximum coverage is 15,000 baht, covering treatment of flea and skin diseases, life and other people property protection, advertising fees when pets are lost, and funeral expenses. Pets must be between 3 months to 7 years old.
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Having pet insurance not only covers accidents and the health of our beloved pets but also helps us manage expenses such as compensation for damage that our pets cause or funeral expenses when they die.

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