Monday, November 9, 2009

Is Dog Insurance worth it?

The Value of Dog Insurance
Many people are hesitant of getting insurance for their dog. You should consider the points outlined below before deciding to buy, or not buy dog insurance.

What would you do if the family dog [also a member of the family], got sick? Not just sick with a simple ear infection (easily treated with fairly inexpensive antibiotics), but frighteningly ill where their life hung in the balance? What if it was a dog you rescued a month ago, one that despite just being in your home for 30 days, you have completely bonded with, only to discover its past veterinary care and surgery had been completely mishandled, leaving the dog with a septic, deadly infection? The prognosis: without immediate surgery, the dog would die. For surgery of this nature, you are likely looking at a price tag of close to $4000. Would you pay that to save your dog? Or, more importantly, you desperately want to keep your beloved pet alive, but where are you going to get $4000?

If you have ever found yourself in this type of dilemma, you are not alone amongst the vast majority of dog owners. With rising costs in pet care, most pet owners, cannot afford the astronomical costs of medically treating their pets; something one should seriously consider before ever investing in the purchase or rescue of an animal. Like us, your dog needs medical treatment at various stages throughout its life; whether it be a quick trip to the vet for a check-up, vaccinations, or something more serious like a broken limb, or cancer; either way, at some point, large sums of money will have to be dispensed out of pocket for the care and well-being of your dog.

Instead of worrying over where the money will come from to treat your dog to the medical care it needs, insurance is something dog owners should consider, particularly when their dog is young and likely more prone to accidents. While many critics believe your money is better off sitting in a savings account versus paying the somewhat high cost of insurance premiums over your dogs lifetime (that you may never end up using), a reasonable monthly payment is a small price to pay for peace of mind.

In addition, like most insurance premiums, not every medical procedure/problem is covered. In taking into consideration what is best for you and your dog, you must mull over all the options and ask yourself the following: if you are willing to do anything to save your dog, are you then willing to go into debt to do so? If you answered a resounding “yes” to this question, and realistically going into debt is not an option, insurance for your dog is the right way to go. One can never predict an unexpected, undesirable event in the life of a pet, however, one can prepare financially to hebeing financially prepared over the lifetime of your dog will lift the burden of agonizing over where the money will come from to save your precious member of the family. “A dog is for life, not just for Christmas,” and as that is the case, can one really put a price on them?

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