Pet Insurance Companies

Dog Plan Comparision

Vetinsurance

1 800 738 4678

www.vetinsurnace.com

Petplan

1 800 268 1169

www.petplan.com

Petcare

1 866 275 7387

www.petcareinsurance.ca

Monthly Cost

$33.85 Dog

$19.50 Cat

$37.75 Dog

$25.99 Cat

$48.25 + $1.50 billing fee

$27.95 + $1.50 billing fee

Medical Conditions
Covered

Accident & Illness

Accident & Illness

Accident & Illness

Medical Conditions Not
Covered

• Pre-existing
  conditions

• Spaying
  or Neutering

• Hip-Displaysia

• Pre-existing
  conditions

• Spaying or Neutering
  (unless you pay for their most expensive plan.

• Pre-existing
  conditions

• Spaying
  or Neutering

Limits

• $20,000 lifetime limit that can be used as required. There are no limits per year or condition.

• $2,000 annual limit per condition for this monthly cost.

• Plans with higher limits are available with increased premiums.

• 12 lifetime illness categories, $3,000 ($2,500 for Cats) lifetime coverage in each illness category. $2,500 ($2,000 for Cats)lifetime coverage for each accident.

Deductible

• No deductible if your pet is sick or injured.

• Instead of deductible the pet owner is required to pay for the Veterinarian examination fee. (approximately $60) and if you have any applicable hospital boarding fees you pay the first $25 per day

• Starts a $100.00 per year and increases in stages to $500 per year ($250 for Cats) as your pet ages.

• Starts at $100 per year and increase to $250 per year as your pet ages.

Co-insurance

Vetinsurance pays 90% of an approved claim.

Petplan will pay 80%of an approved claim unless the co-insurance has been reduced by, "Claims risk management" (see Below).

With Percare 80% or 90% coverage is available. If you choose the 90% coverage, you will pay higher rates and the coverage will reduce to 80% when your pet ages.

What Happens When You Start Making Claims?

Nothing. Vetinsurance is only concerned with the $20,000 coverage. If you needed to make a claim for $5,000 you would have $15,000 remaining. If by rare chance you happen to be a very unlucky pet owner that used the full $20,000 coverage, you would cancel your original plan and have the option to re-enroll your pet at the appropriate age category. This would give a new full coverage plan, but with some pre-existing conditions.

Petplan has a clause they refer to as " Claims Risk Management" in their policy terms and conditions (Form TC 2006) states, "Should you experience claims above a pre-determined threshold during a 24 month history reviewed, the percentage of the claim you are responsible for (co-insurance) in respect of future claims will increase.

Similar to auto insurance if you make claims your rates may increase. If your pet becomes seriously ill you will onlt have a lifetime limit of $3,000. Once you use the limit up, you no longer have coverage for that illness category. Even if you upgrade your plan, the limit with any illness category that has been used will remain the same.

What Happens as Your Pets Age

Nothing

Your Deductible will continue to increase until it reaches $500 ($250 for Cats).

Your Deductible will continue to increase until it reaches $250

Will Rates Change Based on Inflation of Veterinary Medicine?

Yes

Yes

Yes

** Disclaimer- This chart is for comparison purposes only. The Monthly cost for PetPlan and PetCare are based on quotes taken from their website on May 14, 2007, PetPlan's quote for their "Standard" plan and PetCare's quote was for their "MasterCare 90%. For the purposes of the comparison we entered a 4 month old Border Collie residing in Vancouver B.C. for the Dog quote and a 4 month old Domestic shorthair for the cat quote. Pricing for PetPlan and PetCare may vary depending on the plan you choose, breed and age of your pet, and where you reside. Visit their websites www.petplan.comand www.petcareinsurance.comfor more details.