Sail on insurance

“Until one has loved an animal, a part of one’s soul remains unawakened.”

All of us have love for animals. Amongst all some of us keep them as pets. But only to keep a pet is not an easy task. We also require to keep them secure. A bunch of pet insurance policies are thereby being framed by different insurance companies to serve our purpose.

What is a pet insurance policy?

According to a Pet insurance policy the insurance company would reimburse the policy holder, in case his pet faces an accident, sickness or others, as stated in the policy. This the insurance company would pay the policy holder in exchange of a premium amount that he would have to pay every month.

The standard pet insurance policy covers

• Accidental damage

• Death Benefit                                                                                           

• Holiday Cancellation

• Theft/Straying

• Third Party Liability

• Boarding Fees

• Vet Fees

• Advertising/Reward

• Theft/Straying

However, a policy coverage can only be understood from the clauses of the policy.

The standard policy does not cover several things. Such things can only be acquired by paying a extra premium amount as the floater. Besides, some types of dogs are exempted from insurance.Mainly the dogs registered under the dangerous dogs act; like the working dogs, guard dogs racing dogs cannot be insured.

These days the pet insurance is gaining more and more importance.People have become more conscious about their pet . This has perhaps made the pet owners to pay more and more on the Pet insurance. This increasing craze for pets have led some companies to include pet insurance in the employee benefit program. This means, some companies are offering their workers a discount of 5% to 10% on their pet insurance. Big companies like Home Depot, Sprint Nextel (NYSE:S) and Disney have already taken up this scheme in their company policies.