Best Pet Insurance Policies In India 2024

Just as an insurance policy is one of the finest solutions for humans to protect the medical and other requirements of their loved ones, pet insurance does the same for your furry kids.

Pet insurance is a type of insurance coverage that can be purchased by anyone who owns a pet and wants adequate protection against various veterinary bills that may be paid in treating their pet in the event of an accident or disease.

Pet insurance is still a relatively new business in India when compared to other countries. However, due to the growing popularity of pet ownership in India, there are only a few insurance companies that provide comprehensive coverage for pets.

Best Pet Insurance Plans In India

What Is Pet Insurance?

Given how expensive it is to maintain our pets’ entire health and well-being in today’s society, pet insurance is a must-have if you want to avoid unexpected financial issues and continue to safeguard your pet in every manner.

A pet insurance policy is a contract between an insurance company and a pet owner that provides the latter with the maximum coverage for veterinary expenses related to their pet’s medical treatment, guaranteeing that your cat or dog remains in the best of health.

In general, India offers two types of pet insurance coverage: cat insurance and dog insurance. Both of these plans can be adjusted to meet your specific needs and restrictions, ensuring that your beloved dogs are always

What Are The Benefits of Buying Pet Insurance?

• Ensures financial safety for pet parents especially when their pets fall sick or need any immediate medical treatment.
• Helps you to keep your pet’s health condition safe and sound without worrying about hefty medical regular check-ups. Certain plans also provide free annual health check-ups.
• Provides special benefits to the pet owner, especially when your pet is lost or stolen, or has caused damages to a third-party or property.
• Provides your coverage for the special and modern treatments which can be otherwise very expensive.
• Certain plans also provide global coverage, which helps you when you are traveling abroad with your pet and cover for any mishaps which might occur during your trip

Pre-Requisite of A Pet Insurance Policy

The insured cat or dog must be registered with the Municipal Corporation, deemed local government authority, approved Kennel Club of India, or microchipped by the policyholder. In addition to submitting the insurance proposal form, the insured must also send a photograph of the insured dog as specified below:

• Face Photo.
• Photo clearly showing the birthmark.
• Photo from both right and left side.

Documents Need To Be Submitted While Buying Pet Insurance Policy

• Fill up the form and provide the details relating to your pet.
• To help identify your pet, the insurance company needs color photos as specified in the above section.
• The policyholder needs to declare that their pet has received all their vaccinations on time.
• At times, the policyholder might need to submit diagnostics test results, such as circulatory blood count (CBC), urine test or chest X-Ray.
• If one is choosing a Sum Insured basis pedigree lineage, they will also need to provide a pedigree certificate from Kennel Club of India (KCI).

Claim Settlement Procedure For A Pet Insurance Policy

Claims settlement process under pet insurance policy can be done via two ways:

Cashless Claim Settlement Process

• Notify the network veterinary hospitals at least 72 hours before any planned medical treatment or within one day before, in case of any emergency.
• You are required to share the copy of E-Cards along with your ID proof at veterinary hospital and get the pre-authorization form.
• Submit duly-filled and signed pre-authorization form to the veterinary hospital.
• Once all the formalities are done, your insurance company will settle the bills directly with the hospital.

Reimbursement Claim Process:

• You can avail reimbursement facilities from any of the veterinary hospitals within India of your own choice. The main difference is that the insured has to pay for all the bills upfront to the hospital.
• Once the payment is done, then the original bills and expenses can be submitted to the insurance company.
• This kind of facility is not cashless and thus the insurance company reimburses the expenses within the span of 30 minutes, once you submit the bill on time.

FAQs

Will any pet insurance policy provide coverage for their vaccinations?

Generally, the pet insurance policies provide coverage for vaccination expenses. However, it totally depends on your pet insurance policy as it differs from one insurer to insurer.

Can I get a similar kind of pet insurance advantages if I have adopted a street dog?

Yes, you certainly can. However, the insured dog must be registered with Municipal Corporation or deemed local government authority or certified Kennel Club of India, or micro-chipped by the policyholder.

What are key factors which might affect my pet insurance premium?

The factors such as your pet’s breed, age, size and the type of plan and coverage you pick decides your pet insurance premium.

Can I buy the pet insurance policy online?

Yes. Just like any other insurance policy one can simply buy a pet insurance policy online or digitally. Such policies can be purchased within minutes as it is a less paperwork and hassle-free process.

Will I be compensated if my pet gets stolen or lost under a pet insurance policy?

Yes, generally an insurance company pays a part of sum insured coverage or compensate fully, when your pet gets stolen or lost due to any unforeseen circumstances. However, not all insurance companies provide it as a basic benefit. So, maybe you have to buy optional add-on covers for claiming such benefits.

Will I be compensated if my pet gets stolen or lost under a pet insurance policy?

Yes, generally an insurance company pays a part of sum insured coverage or compensate fully, when your pet gets stolen or lost due to any unforeseen circumstances. However, not all insurance companies provide it as a basic benefit. So, maybe you have to buy optional add-on covers for claiming such benefits.