While some deem it as unnecessary, pet insurance is in fact one of the most important things you should avail of as a pet owner. Unforeseen expensive medical costs for your pet will not only sap your bank savings dry, but will also place emotional strain and anxiety.

In this article we will discuss the importance of pet insurance and how it benefits both the pet and the owner.

Why Pet Insurance Is Worth Every Penny

Some see it as a waste of money, but if you truly care for your pet and want to establish financial security, then this is the way to do it. Imagine, for example, your pet needs to undergo a major surgery that would involve a huge amount of money. How would you deal with it?

Maybe you have set aside a decent amount of money for emergency purposes, but it would be impractical to spend all of it when you can be granted the insurance amount and not affect your savings.

Listed below are the reasons why you should consider availing of insurance for your pet:

1.   Emergency fund preservation

We usually reserve a certain amount of money or liquid assets that we can easily grab once any emergency need arises. If you encounter unexpected high expenses in medical care or car repair, this will be very beneficial. However, if something were to happen to your pet whether by accident or bodily illness, you may have no option, but to spend some or all of those emergency funds.

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Even if you set aside a savings account dedicated to your pet, this may not be adequate for extremely expensive medical care. Thus, it’s wise to acquire an insurance policy.

2.   Freedom to choose a veterinarian

Health insurance policies for people may require a particular health care provider. For pet insurance policies however, you have the option to choose the veterinary clinic at your own convenience.

Choosing your desired veterinarian will allow you to make negotiations and make sure that you have a good working relationship.

3.   Regular monitoring of your pet’s health

Through regular monthly or annual checkups, you will know the present health condition of your pet. With this, you would also know what needs to be done to improve their health like vitamins and supplements.

4.   Peace of mind

Financial strain also has an impact physically and emotionally. An insurance will become your floater once something unexpected happens to your pet. By having a sufficient financial coverage, you can continue on what you are doing free from anxiety.

5.   Save your pet’s life

If you come face to face with an enormous amount, the tendency is you become hesitant if you want the procedure to push through. When you have a ready insurance for your pet, you won’t have to worry about the costs involved and immediately avail of the best treatment available.

The most expensive surgeries for a pet can range from 1000 to 3000 US dollars and if you won’t have the operation, your pet might die. Pet insurance will ensure that won’t happen.

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6.   The sooner the better

Insurance is basically a transfer of risk from the insured to the insurance company. Insurance companies qualify the pets based on their age, breed, and other factors. The older your pet is, the more risk is involved. That is why it is best to avail of it sooner since you will be paying cheaper premiums.


Pet insurance is indeed valuable because it protects the pet, and brings financial security to the owner. Before purchasing a policy, make sure also that you know the specific terms stated in the policy, and what specific illnesses or accidents covered.