As we spend more time with our furry companions, they inevitably become part of our family. Because of that, we would definitely want to take care of them as much as we can.
However, veterinary checkups and treatments do not come cheap. After all, just like us humans, they also need to go to a hospital for routine checkups and other medical treatments if necessary.
Good thing you are also able to provide insurance for your pets to save you from paying extravagant medical bills. Now, pet insurance is not a new thing; the first pet insurance was even written in 1890 by Claes Virgin.
Read our guide on the top insurance for cats and dogs
Though it focused on horses and livestock, it slowly evolved into what is popularly known now as pet insurance - being more inclusive to other animals. Many people compare pet insurance to human health insurance and it is actually not the same.
It is, in actuality, a form of property insurance. Pet insurance companies reimburse pet owners after their pets have received care. The owner then files a claim for reimbursements for the expenses incurred.
While there are numerous insurance providers available, it is necessary to find the perfect match for your pet. After all, you only want what is best for your loved ones. Today, I will discuss and review one that has been around for years - Petplan Pet Insurance.
About Go Petplan Pet Insurance
Based in Philadelphia, Petplan Pet Insurance provides insurance for pet owners to cover veterinary bills. A sister company of Petplan UK, it is the world’s largest pet insurer with other companies based in France, Australia, Brazil and New Zealand.
In United States, it provides licensed insurance in all 50 states, including the District of Columbia. Founded in 2003, the company took time to get established.
As the company has continued to grow and expand to more countries, they have also adapted to technology as it advances by launching a website as well as a phone app to help their customers reach out to them anywhere, day and night.
Our pets are our companions that give us unconditional love and there is no better way to reciprocate their affection than taking care of their health and wellness. This is why Petplan exists: they put pets first and they are here to ensure the health and long life of your pets.
It is their mission to provide pet owners peace of mind in regards to your beloved pet’s well-being. They are dedicated to help you support your pet’s needs, offering resources and tools to keep your fur babies thriving into old age - not just merely surviving.
Broad Range Coverage
The company offers a variety of coverage that will definitely suit your pet’s lifestyle, breed and health condition. Policyholders choose between annual or per-condition deductible, which gets deducted from your reimbursement after your co-pay has been applied.
If you want to keep your premium low, opt for a per-condition deductible, as this only applies to each separate condition for the duration of your policy term. Both deductibles’ annual limit and selected deductible reset at renewal.
Covered for Life
Being enrolled covers your pet for life. They do not drop coverage due to age or at the onset of an illness, as long as there were no symptoms present prior to your policy or during the 15-day waiting period.
Affordable and Comprehensive Plans
They also offer affordable monthly premiums that provide enough coverage to protect your pet’s health. These are adjustable based on your coverage amount, reimbursements as well as the deductibles you have selected.
With each month that your pet is enrolled to their plan, your pet earns gifts, treats and other rewards available to their policyholders. They also provide a free subscription to their quarterly pet health magazine entitled “Fetch!”
This magazine is written and reviewed by trusted veterinarians, which features articles and topics that dog and cat owners can definitely relate to.
Free for all their policyholders, they give you a website or mobile phone app that provides 24/7 access to pet experts and vet doctors to manage your upcoming vet appointments.
You also get to keep tab of your companion’s medical records and they even answer your pressing queries regarding your pet’s health.
What They Cover
Most pet insurance providers cover illnesses and injuries to a certain degree, but they provide an extensive protection of your pet’s health, regardless of age and breed.
With all the available pet insurances everywhere, it is difficult to select the one that is best for you and your pet’s needs, that is why I have written this comprehensive review.
That being said, they offer you a competitive pet insurance coverage plan that definitely shows you that they love to care for your furry companions. To start off, they build your personalized plan based on your pet’s age.
They insure pets as young as 6 weeks to even 20+ years, though it can be more expensive to insure an older pet due to additional risks. Next, they take into account your location, as veterinary costs vary from one region to another.
They also insure all kinds of dog and cat breeds. However, there are certain breeds that have higher hereditary or genetic risk factors, which makes it more expensive as well. All their coverages include:
That being said, they also offer optional coverage for behavioral therapies, loss due to straying or theft, boarding kennel fees and death from injury or illnesses.
However, they do not provide coverage for:
When you choose Petplan Pet Insurance, you’re able to pick plans that are customizable. This means that you are able to change the cost related to coverage, alter the deductible and choose your reimbursement selections.
Customizing any of these factors will determine the overall price of your pet insurance. Many pet parents wonder about the specifics though, especially when it comes to reimbursement.
As mentioned, just like when you purchase a human insurance plan, Petplan Pet Insurance comes with reimbursement options. Based on your finances and your pet’s health, you are able to choose a plan with a higher or lower deductible.
Choose from 70%, 80% and 90% reimbursement plans:
Let’s say you pick 70%: this means that the insurance will cover 70% of the incident, while you have to pay the last 30%.
Keep in mind though that you will have to pay the initial bill entirely yourself.
After you submit your claim, you will be reimbursed depending on your policy. Compared to other insurance companies, they pay out much faster. For them, it usually takes only 5-14 days, rather than the 30-day maximum they discuss.
Keep an eye on your reimbursement using the new app, which allows you to see a paperless reimbursement on your phone. This does not mean you will always get the full amount of your reimbursement though.
How much money you receive depends on the specific conditions of your insurance plan. Take a look to see the maximum amount the policy will pay out for a specific condition or procedure. However, most people are happy with their reimbursement plan and love how flexible it is.
When you purchase a plan, there’s a high degree of leeway that you are able to mix and match to get just the amount of coverage you need.
Here's what you can expect them to pay out on some common conditions:
Foreign Body Ingestion
Non-specific GI Disease (vomiting)
Data supplied by PetPlan
It makes sense that so many pet owners love Petplan Pet Insurance when it comes to keeping their pet safe and happy. There’s a large coverage plan, adjustable policies, great customer service and increased discount options.
If you are able to overlook some of the logistical issues and remember to go in for your yearly checkups, I think it’s safe to say that Petplan might be the preferred pet insurance company for you and your pet.