PetPremium is a new pet insurance company in the United States with policies that are similar to industry giant ASPCA, according to consumersadvocate.org. Debuting in the fall of 2013, they are still quite new in the business, however, they have been well-received by pet owners and veterinarians alike. Here is some more information about the company:
Pricing Information
PetPremium is quite reasonable in this area by offering a 10-30% co-pay and a standard deductible of $100, $250, or $500, all depending on which plan you choose. This means that you could receive up to a 90% reimbursement on veterinary visits for your beloved cat or dog. You also get to choose your own veterinarian, and there no age or annual benefit restrictions.
Just remember, there are per-condition limits, according to reviews.com. Consumersadvocate.org states that the insurer pays out a maximum of $3000 per incident unless one purchases one of the two highest-tier policies. Reviews.com confirms that the various benefits that the company pays out range from $2500 – $7000 per incident.
Customizing A Plan
PetPremium has four different coverage levels to choose from. Each level suits the slightly different coverage needs of individual customers. While most pet insurers do offer some degree of flexibility and customization, PetPremium prides itself on offering plans that cater to each pet’s needs and each owner’s budget.
It is simple to find which plan is best for you by visiting PetPremium’s website and comparing options. Policies can be purchased online within a half hour. As stated above, there are many deductible and co-pay options available. You even have the flexibility to choose how often you prefer to be billed, including the following options: annually, semi-annually, quarterly, or monthly.
PetPremium’s plans even include treatment for emotional issues and disturbing behaviors. Plans cover diagnosis and treatment, including laboratory tests and prescription medications. This is not common among similar pet insurers, and it allows PetPremium to stand out in the market.
If you are looking for an insurance that will cover your pet’s congenital or hereditary condition, you will have to purchase the Level 3 or Level 4 plan, but it will be worth it. According to reviews.com, it is not common to see competitors cover these types of illnesses at all.
Wellness Coverage
Another advantage of purchasing a Level 3 or Level 4 PetPremium plan is the option to add one of two wellness packages for an additional charge.
The Advanced Package covers a pet’s routine care, testing, wellness exams, and vaccines, as does the Routine Package, however, in addition, the Advanced Package includes dental cleaning and flea and heartworm medications. The Routine Package is only $12 extra per month, and is best for those pet owners that do not need the full Advanced Package, but are still conscientious about their pet’s needs.
Simple Claims Processing
PetPremium’s claims processing is fast and easy. The forms are only one page long and they can be easily printed right off PetPremium’s website. Since a veterinarian’s signature is not required on the form, the process is much faster than you’d expect. You can simply fill out the form and send it in to the insurer with your receipts attached for reimbursement. Or, if you prefer, you can fax or email the information to PetPremium so they can process the claim immediately. You can even track your claim’s process online through your PetPremium account.
In conclusion, PetPremium is a great insurer for both cats and dogs alike. They give customers the leeway to choose the best plan for their individual animal and its unique needs. PetPremium has four different policies that can be easily customized and quick claim service. That is why reviews.com ranks it as one of the best places to get pet insurance right now.
