Welcome!

News Feed Item

Trupanion Reveals the ABCs of Pet Insurance

SEATTLE, Aug. 7, 2014 /PRNewswire/ -- The human-animal bond between pet owners and their pets is stronger than ever, as evidenced by 91% of pet owners who consider their pet a part of their family and a total spend of $58 billion a year on pets. While a portion of that spend is on medical advancements in veterinary care that are helping pets live longer, healthier lives, these increases in veterinary costs often present pet owners with a dilemma that weighs the cost versus the best care for the pet. Trupanion, a company that provides medical insurance to cats and dogs, today released the ABCs of Pet Insurance, a simple tool to help pet owners navigate pet medical insurance.

ABC's of Pet Insurance by Trupanion (Trupanion.com)

"As advanced veterinary care becomes more available and costs increase, medical insurance for pets is rising in popularity and becoming an essential part of responsible pet ownership," said Kerri Marshall, DVM, Chief Veterinary Officer at Trupanion. "However, with so many different types of insurance, companies, policy options and add-ons, choosing the best policy can seem overwhelming."

Medical insurance for cats and dogs should not be mistaken with liability or property insurance. The concept of it is fairly straightforward—pay a monthly premium in order to be covered for unexpected veterinary expenses— but every provider is different and offers varying coverage, plans, pricing options and limitations.

This simple guide outlines key factors that should go into deciding if it is the right fit for you.

  • Age – Many times, the age of your pet will influence the cost to insure them. Some companies increase the price of the premium as pets' age, while some price based on the age at the time of enrollment. Insuring your pet as a puppy or kitten does have benefits—it is often less expensive and more likely that a pre-existing condition will not already exist. But if your pet is middle-aged or older don't think that they can't be insured as the coverage will help with treatment costs needed as your pet ages.
  • Breed – Certain breeds are predisposed to conditions, such as luxating patellae in Yorkshire Terriers, chronic lower airway disease in Siamese cats and cancer in Golden Retrievers. The right medical coverage will protect your animal even if they are prone to hereditary or congenital conditions.
  • Coverage – Each company will offer varying degrees of coverage, and some have coverage schedules and limits. Look for a provider that covers the largest portion of your veterinary bill, coverage for congenital and hereditary conditions, and has no limits to the amount they will pay out.
  • Deductible – Choose a deductible that fits your budget and how they are applied. Deductibles can help you control your premiums while making sure you see coverage before you hit your budget limit. Some deductibles must be met yearly, and some only apply once per condition. Some companies offer adjustable deductibles that allow you to adjust the premium cost that best fits your budget.
  • pre-Existing conditions – No pet medical insurance company currently covers pre-existing conditions, but each company identifies pre-existing conditions differently. Make sure you understand how each company defines a pre-existing condition and how they may decide if it relates to a future claim. Even if your pet has a pre-existing condition, like allergies or chronic ear infections, they are still a good candidate for insurance if they develop an unrelated condition down the road.
  • Flexibility – Look for a policy that does not lock you into a long-term contract and gives you the freedom to adjust your deductible or premium payments to fit your changing financial needs. You also want a policy that gives you the freedom to go to any veterinarian or specialist you choose.

Still not sure if pet medical insurance is right for you? Ask your veterinarian who can help provide insight. They have extensive knowledge of your pet's breed risks and health history. To learn more about choosing the right coverage plan and for more information about Trupanion, visit Trupanion.com. You can also ask your veterinarian for a Trupanion 30-day certificate to try Trupanion at no cost or obligation.

About Trupanion

Trupanion is an industry leader in medical insurance for pets, offering cat and dog medical insurance in the United States, Canada, and Puerto Rico with the mission to help pets receive the best veterinary care possible. Trupanion offers a simple, fair and comprehensive pet medical insurance policy that pays 90% of veterinary costs for covered illness and injury claims that could include diagnostic tests, surgeries, medications, hospital stays, and alternative therapies for the treatment of injuries or illnesses. Trupanion's policy includes coverage of chronic, hereditary and congenital conditions with no payout limits per incident, per year, or over the lifetime of the pet. Some terms and conditions apply, please see our policy for details at Trupanion.com.

In the United States, Trupanion is underwritten by the American Pet Insurance Company, which has earned a Financial Stability Rating® of A--Exceptional from Demotech, Inc. In Canada, Trupanion is underwritten by Omega General Insurance Company. Trupanion is a founding member of the North American Pet Health Insurance Association (NAPHIA), demonstrating a commitment to high standards and transparency in all actions and products. Trupanion's shares are traded on the New York Stock Exchange under the ticker symbol TRUP.

Media Contact:  Britta Gidican, [email protected], 206-607-1930

Trupanion Logo

Photo - http://photos.prnewswire.com/prnh/20140806/134240
Logo - http://photos.prnewswire.com/prnh/20140306/SF78009LOGO

SOURCE Trupanion

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Actian Corporation has announced the latest version of the Actian Vector in Hadoop (VectorH) database, generally available at the end of July. VectorH is based on the same query engine that powers Actian Vector, which recently doubled the TPC-H benchmark record for non-clustered systems at the 3000GB scale factor (see tpc.org/3323). The ability to easily ingest information from different data sources and rapidly develop queries to make better business decisions is becoming increasingly importan...
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
SYS-CON Events announced today that StarNet Communications will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. StarNet Communications’ FastX is the industry first cloud-based remote X Windows emulator. Using standard Web browsers (FireFox, Chrome, Safari, etc.) users from around the world gain highly secure access to applications and data hosted on Linux-based servers in a central data center. ...
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
StarNet Communications Corp has announced the addition of three Secure Remote Desktop modules to its flagship X-Win32 PC X server. The new modules enable X-Win32 to safely tunnel the remote desktops from Linux and Unix servers to the user’s PC over encrypted SSH. Traditionally, users of PC X servers deploy the XDMCP protocol to display remote desktop environments such as the Gnome and KDE desktops on Linux servers and the CDE environment on Solaris Unix machines. XDMCP is used primarily on comp...
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...