Published: 2024-08-09 15:40:00

Navigating pet insurance can be a maze of unfamiliar terms. To help you understand your policy better, here are some key terms:

• Excess: This is the amount you pay towards each claim before your insurer pays out. It's similar to a deductible in other countries.
• Lifetime Cover: This type of policy covers your pet for their entire life, up to a certain annual limit.
• Maximum Benefit: The total amount your insurer will pay out for a specific condition or illness.
• Per Condition Limit: This sets a limit on the amount your insurer will pay for a particular condition.
• Waiting Period: The period after you buy the policy before cover starts for certain conditions.

It’s essential to understand these terms to ensure you get the best possible cover for your pet. Remember, while pet insurance can be a financial safety net, it’s not a guarantee of complete coverage. Always read the policy carefully.