One positive attribute of a pet insurance plan is that with pet insurance, there are no networks to worry about. Pet insurance policy holders are able to visit any licensed veterinarian in the country. Let's take a closer look at the true benefits and drawbacks when it comes to comparing a pet insurance plan with a veterinary savings plan.
How Pet Insurance Works
- Select the policy that works for you, your family and your pet.
- Should an injury or illness occur, take your pet to the veterinarian or animal hospital
- Pay the charges before you check out
- Submit your claim to your pet insurance provider
Pet Insurance is Uniquely Different from Veterinary Discount Plans
Now, contrast pet insurance to a veterinary discount plan. A discount plan is a program where one or more veterinarians agree with a network organization to offer certain discounts for veterinary procedures. Discount cards are widely sold, such as at drug stores, convenience stores, and other non-insurance-specific, purely commercial outlets. A discount plan is not insurance, discount plans can offer lower fees on certain services from participating providers.
However, veterinary discount plans may come with 'networks,' meaning veterinarians can drop out of the plan or offering.
A pet insurance plan can be backed by a licensed and regulated insurance company. Part of the licensure and regulation involves ensuring the financial integrity of the program.
Consider Investing in Pet Insurance
Looking for more ways to keep your pets happy and healthy? Consider investing in a pet insurance policy with MetLife Pet Insurance.1 Our dog insurance and cat insurance policies can provide the coverage and care your furry family members deserve. Get your free quote today.