You have finally decided to get a pet and you could not be more excited. As you are wrapping up the process, there is mention of Pet Insurance and Wellness Plans. That makes sense to you, after all if people can have insurance why not pets? But you wonder what the difference is, and more importantly what the right choice is for you and your new animal buddy. Worry not, we are here to give you a quick rundown on Pet Insurance and Wellness Plans so you can decide what the best course of action is for you and your pet.
The key difference between Pet Insurance and Wellness Plans is that one is reactive, while the other is preemptive. Insurance covers the unexpected, things you do not plan for but could happen out of nowhere. Events like a car accident or a sudden medical condition are common occurrences covered by insurance. The same is true of Pet Insurance, which will cover things like a broken leg, kidney disease, or cancer. The insurance plans are in place to help you and your pet overcome unforeseen incidents without breaking the bank.
A Pet Wellness Plan is usually for preemptive, or otherwise not “necessary”, actions. Things like behavior exams, deworming, spaying/neutering, and so on. The general idea is that you follow a set schedule of benefits and the insurance company will reimburse you, up to a maximum possible payout. This is more along the lines of proactive upkeep of your pet’s health, taking measures to prevent worse issues from developing if they were to go without.
So, now you understand the difference between the two, but how do you decide if you need a Pet Wellness Plan? As it turns out, depending on your pet and whether or not they need all the procedures involved in a Pet Wellness Plan, you may actually end up paying more than you need to if you pick your Wellness Plan through the pet insurance company. While it may be easier to just say “yes, sign me up for the wellness plan” when you get your pet’s insurance, try to consider whether or not you will be able to feasibly attend all the appointments or utilize/need all the services.
Essentially, imagine that you decide to purchase a Pet Wellness Plan through the same company as your Pet Insurance. You pay for many services, including flea control, nail trimming, and spaying/neutering. However, your pet is already spayed/neutered, making the process a service that you will not use. You did, however, pay to have it included in your Pet Wellness Plan, which is money you are not getting a return on investment. It ends up costing you more for getting less.
Does this leave you uncertain still? No worries! If you are concerned about having a Pet Wellness Plan, there are veterinary hospitals that will work with you to help create a custom plan based on the projected needs of your pet, so you only end up paying for services that you will actually use. Consult with your veterinarian to help craft a Pet Wellness Plan for your new buddy and enjoy all the fun and love of pet ownership.