If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
Cat insurance
Have been looking at the Kroger preferred plan!:
http://www.krogerpersonalfinance.com...ce/pet-faq.asp It seems to cover a lot of the routine items - teeth cleaning and annual exams up to 220 dollar! The other plans outside of Kroger cost around 20 dollars but seem to cover very little except for catastrophic items! Seems I can make up the extra costs in routine coverage! Is this a good idea? I mean I have had catastrophic costs on past cats; but it seems like a lot to pay 20 dollars a month just for the major events which may not happen and like a lot of insurance they may not pay for for the small print in the contract that says no way! And are there any real good plans out there? |
#2
|
|||
|
|||
Cat insurance
"chatnoir" wrote in message ... Have been looking at the Kroger preferred plan!: http://www.krogerpersonalfinance.com...ce/pet-faq.asp It seems to cover a lot of the routine items - teeth cleaning and annual exams up to 220 dollar! The other plans outside of Kroger cost around 20 dollars but seem to cover very little except for catastrophic items! Seems I can make up the extra costs in routine coverage! Is this a good idea? I mean I have had catastrophic costs on past cats; but it seems like a lot to pay 20 dollars a month just for the major events which may not happen and like a lot of insurance they may not pay for for the small print in the contract that says no way! And are there any real good plans out there? I looked into a number of insurance plans some time ago. It has been several years, so my comments may or may not fit insurance coverage today. However, this is what I found: None of the plans would adequately cover all possibilities. They either had an extremely low maximum coverage (when most of us are most concerned about very large, unexpected expenses) or covered only very routine events (which is not the type of expense that is the biggest worry for most of us). Some plans reduced or even eliminated coverage as a cat ages (which is also when we can generally expect increased cost--and therefore when insurance would be more important). In my case, I opted *not* to go with any insurance plan and instead to "self-insure." I have put a small amount into an interest-bearing savings account (admittedly, *very limited* interest at the present time) every month. I started this about six years ago, when I adopted Duffy. The account has never been touched because it is only for very large expenses. I will not use it for routine or "expected" medical costs. Instead, it is intended for those situations where I might have a great deal of difficulty paying for their medical care. This idea works best if started when cats are relatively young and healthy so the account has an opportunity to grow before it is needed. Admittedly, this theory will not always work because some cats develop major problems when they are still young, but it has worked well for me. As I said, I have not touched the account, and I have been building it for six years. Holly will be 14 years old in June, and Duffy is approximately 10 or 11 years old, so I now have enough in the account to provide relief if either of them begins to incur large expenses. (Unbelievable to think they are that age. To me, they are still youngsters!) MaryL |
#3
|
|||
|
|||
Cat insurance
I self insure too. I put $300 a year into a savings account to be used
only for large vet expenses. The account will be up near $2,700 when I put the money in this year. ---MIKE--- In the White Mountains of New Hampshire (44° 15' N - Elevation 1580') |
#4
|
|||
|
|||
Cat insurance
I heard on the news, a man checked himself in the psychic ward,
wearing only a thong and riding a goat. Ill come get you, but this **** has got to stop ---MIKE--- wrote: I self insure too. I put $300 a year into a savings account to be used only for large vet expenses. The account will be up near $2,700 when I put the money in this year. ---MIKE--- In the White Mountains of New Hampshire (44° 15' N - Elevation 1580') |
#5
|
|||
|
|||
Cat insurance
In my case, I opted *not* to go with any insurance plan and instead to "self-insure." *I have put a small amount into an interest-bearing savings account (admittedly, *very limited* interest at the present time) every month. *I started this about six years ago, when I adopted Duffy. *The account has never been touched because it is only for very large expenses.. I will not use it for routine or "expected" medical costs. I "self insure" too. Each week, money is direct deposited into a special "pets only" account. I use it for any vet care, including routine exams and emergency care. It's worked well for us, because we know money is set aside automatically. |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Cat/Pet Insurance | stan beck | Cat health & behaviour | 2 | June 8th 06 07:06 AM |
anyone has PC pet insurance? | W. Leong | Cat anecdotes | 12 | April 11th 06 03:39 PM |
anyone use pet insurance? | ensoul | Cat health & behaviour | 4 | September 5th 05 06:52 PM |
Pet insurance in the US | Victor Martinez | Cat anecdotes | 11 | June 21st 05 12:42 AM |
used pet insurance before? | carlene | Cat health & behaviour | 5 | February 22nd 05 01:17 PM |