[Dailydrool] Pet Insurance

[Esther Strom]

Consumer Reports does an article like that every few years, and they 
always tell you that it's better to just invest the amount you'd pay in 
premiums, or put it into a savings account. Here's the deal: I pay about 
$50 per month for Basil's policy (includes emergency and wellness.) 
That's $600 per year. Within 6 months of adopting him, he had his spleen 
removed (emergency surgery) plus 3 days of hospitalization. Total cost 
was $3,500. Add in the ear infections, UTIs, pancreatitis, arthritis, 
and various and sundry other issues, and I figure his bills probably 
have come to about $6000 per year, for the past three years. With the 
exception of my deductible ($50 per incident), Pet's Best has, without 
question, covered every single one of those issues. My policy specifies 
they pay 80%, so it wasn't complete (if I had a higher deductible I 
could get a policy that would be 100% coverage), but I get reimbursed 
for about $4,800 per year. I challenge you to show me a savings account 
that will pay out eight times what you put into it.

As always, your mileage may vary, but that's my experience. Insurance is 
absolutely worth it if you have a dog with any kind of medical issues.

-Esther, Basil, and Waldo ATB

On 4/12/12 2:47 PM, basetsavr5 at aol.com wrote:
> Momma here, and imagine my suprise as I sat in my office today waiting 
> for a program to run and I picked up the new consumer repots mag to 
> occupy my time. One of the articles is Insurance Policies you dont 
> need--and of course listed as number 2 was Pet insurance. Now I have 
> no feelings one way or another on the opinions of this magazine, but 
> thery gave a report on how they had analized the healthy damn beagle 
> over a 10 year life with nine different carriers. and it says none 
> paid more in benefits than the total cost of the policy, but 5 
> carriers did pay when they added some hypothetical problems. 
> So----hmmmmmm.
> I do remember a drooler years ago with pet insurance that had a baaset 
> get sick of something-I dont remember--but she turned in the bills and 
> got a check for 1 cent. Never forgot that as I was at that time 
> checking into pet insurance for the gang here.
> As with any insurance policy, read the very fine print--and then read 
> it again--those "exclusions" are always worded so they are confusing.
> Drool to all in need!!
>
> Debbie Winchester
> Official Food Slave and Drool Mop Queen to
> PW, OEBE Elder Clara,
> OEBE Brudder Elwood, Instigator of Evil Deeds
> Elder Sister Daisy, Brudder Jake
>  Sister Bessie, The Younger

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