Get premium pet insurance for both accidents and illnesses under a single policy.
Pet insurance provides an important level of protection for both you and your pet, protecting your bank account from potentially enormous veterinary bills and ensuring that your pet is able to get the medical treatments they need. Comprehensive cover will provide a high level of cover for both accidental injury and illnesses under one policy.
This guide will provide an overview of what comprehensive policies will generally cover you for and what you will be excluded for.
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Comprehensive policies will generally cover the following:
- Accident cover. Helps cover vet fees relating to physical injuries, such as electrocution, broken bones, fractures and snake bites.
- Illness cover. Reimburses you for all vet bills, up to the limits and chosen reimbursement percentage of your policy, except for certain conditions that are specifically excluded.
- Routine care allowance. This is usually an optional add-on providing benefits to spend on routine care expenses, such as microchipping, neutering and teeth cleaning.
- Additional benefits. Gives your pet emergency boarding cover, overseas pet cover, tick paralysis benefits and can cover the cost of essential, humane euthanasia.
One insurer’s comprehensive policy might be equivalent to a mid-level policy from a different insurer. You’ll need to look at a few specific factors when choosing the pet policy that’s right for you.
- What does it cover? It’s usually clear whether a given plan has both accident and illness cover, but you will need to look for some of the less common additions, such as dental cover, and check the exclusions.
- How much does it reimburse you? Pet insurance policies reimburse you a certain percentage of medical costs. The typical amount for comprehensive cover is 80%, but it’s possible to find policies that go all the way up to 100% reimbursement, at the cost of higher premiums.
- What’s the annual limit? The annual limit is the total amount you can claim per year. Comprehensive plans typically provide around $15,000 of cover, but once again it’s possible to find higher limits with select policies of up to $20,000. Sub-limits will also typically apply to specific conditions, such as cruciate ligament claims.
A number of factors affect the cost of a pet insurance policy. The age of your pet makes a significant difference as older animals are more susceptible to a range of health issues, which translates to higher premiums with age. Certain breeds are also more at risk of specific health issues and will also grow up to be very different from each other. Larger breeds of dog, for example, will cost more to feed and house than others and usually also attract higher premiums.
Your policy options also affect premiums.
- Your excess. As with other forms of insurance, pet plans typically require you to pay an excess when making a claim. You can generally choose your own excess. You can opt for a higher excess to reduce premiums or select a $0 excess to avoid it entirely. If you select a lower excess, you will have to pay more in premiums.
- Your chosen reimbursement. Many policies give you a range of options, and let you select your own reimbursement amount up to a specific cap, such as 80%.
- Multi-pet discounts. If you’re looking for cover for multiple animals, it can be a good idea to get them all from the same provider. Many providers will give discounts based on the number of animals insured with them.
- Your payment plan. Some insurers will let you opt to pay premiums monthly, fortnightly or annually. It often costs less to opt for annual payments.
The example below provides an example quote from a known pet insurer:
|Cover Type||Breed||Age||Annual Premium|
|Premium Accident and Illness Cover||Labrador||5||$1095|
Disclaimer: Please note that this example should only be viewed as a guide for what you may expect to pay for a comprehensive policy.
You can use the above options to help tailor your policy’s costs to suit your needs, but it’s also a good idea to consider other ways of reducing costs.
- Access discounts. Australia’s pet insurance market is relatively small and competitive. Many insurers extend discounts to new customers.
- Utilise routine care. The total limits on your routine care allowance can often exceed your cost. You can save money by using its full limits each year on benefits such as teeth cleaning, which also helps your pet stay healthy and reduces the odds of it needing more expensive treatments later.
- Keep your pet happy and healthy. Health and happiness can often go hand in hand.
Comprehensive policies available on finder.com.au
The complex nature of animal health needs and the differences between policies mean it’s often a good idea to consult your vet before deciding on any one option. Where possible, you should do this before your puppy or kitten is eight weeks old, so you’re ready to find cover as soon as you can.
It’s often worth getting quotes from multiple insurers and checking how to customise a policy in line with your vet’s recommendations. This will help you to find the highest level of cover available and make sure you and your pet enjoy your time together to the fullest.
|Amount reimbursed||Annual limits||Accident and illness cover||Optional dental cover available||Routine care available||Get a quote|
|Pet Insurance Australia||Up to 80%||$15,145||Enquire|
|Bow Wow Meow||Up to 80%||Choice of $8,000 or $12,000||Enquire|
|Woolworths||Up to 80%||$12,000||Enquire|
|RSPCA||Up to 80%||$11,000||Enquire|
*Disclaimer: The offers compared on this page are chosen from a range of products finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best', 'Top', 'Cheap' including variations, are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your personal financial circumstances when comparing products.