Pet Insurance
Pet Insurance

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About Pet Insurance

What is Pet Insurance?

Pet insurance is a special type of insurance for various animals which safeguards their overall health and wellbeing. Just like we buy health insurance for ourselves and our loved ones, insurance for pets has become a great way to provide for our pets if they happen to need medical and other financial help.

With annual routine expenses for animals rising, being a pet parent does not come cheap. Vaccination, tick treatments, grooming etc. cost anywhere from Rs. 10,000 to Rs. 54,000 annually. Out of these, the vet fees and subsequent medical and surgical costs are the highest if your pet is in need of such care. With a pet insurance policy, your pets will get the best medical and legal assistance in case of unexpected situations.

Pet Insurance

Types of Pet Insurance

While insurance companies in India had been offering cattle and livestock insurance for many years, private-sector insurers not only offer protection against death but also a lot of other expenses like worldwide transit, third-party liabilities, theft or loss of pets, entry fees for dog shows and much more. As of now, there are the following types of insurance plans for pets:

  • Dog Insurance: The most common pet insurance in India, with an estimated 28-29 million overall pets in India, dogs make up a huge bulk of this number. Especially since the COVID-19 outbreak, this number saw a huge rise with a lot of people turning towards human's best friend. Most pet insurance plans available aim at dog parents who want to protect their precious babies from all possible harm.
  • Cat Insurance: All animals are lovely, and so many insurance providers have started offering benefits to people who have cats as their pets. If you’re a cat owner, your pet cat insurance will protect your fierce feline from all her adventurous falls and ensure her overall wellbeing.