Comments on: What’s the Real Deal on Pet Insurance? http://www.poodle-oo.com/pet-insurance/what%e2%80%99s-the-real-deal-on-pet-insurance/ Clothes, Accessories and Indulgences for the Pampered Toy Dog Thu, 28 Aug 2008 01:01:06 +0000 http://wordpress.org/?v=1.5.2 Comment on What’s the Real Deal on Pet Insurance? by: Alex from Embrace http://www.poodle-oo.com/pet-insurance/what%e2%80%99s-the-real-deal-on-pet-insurance/#comment-11266 Sat, 16 Jun 2007 00:32:34 +0000 http://www.poodle-oo.com/pet-insurance/what%e2%80%99s-the-real-deal-on-pet-insurance/#comment-11266 Not sure I agree with your tip #5 that "pet insurance serves no purpose." You have to start with an idea of what insurance is for in the first place and that's where many pet owners go wrong. Pet insurance is designed to protect you financially against unexpected, undesirable, and expensive veterinary medical problems your cat or dog might have. A $50 routine checkup doesn't meet this definition but a $1,500 broken leg does. So get insurance for the big stuff, not the little stuff that you can save for. Besides which, even $50 a month saved for 5 years might give you $3,000 + interest but it takes discipline and, worst of all, your cat or dog isn't going to wait to get really sick until you've got enough saved up. Not sure I agree with your tip #5 that “pet insurance serves no purpose.” You have to start with an idea of what insurance is for in the first place and that’s where many pet owners go wrong.

Pet insurance is designed to protect you financially against unexpected, undesirable, and expensive veterinary medical problems your cat or dog might have. A $50 routine checkup doesn’t meet this definition but a $1,500 broken leg does.

So get insurance for the big stuff, not the little stuff that you can save for. Besides which, even $50 a month saved for 5 years might give you $3,000 + interest but it takes discipline and, worst of all, your cat or dog isn’t going to wait to get really sick until you’ve got enough saved up.

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