Just like people, canine companions suffer from unexpected illnesses, accidents and death. For these unexpected occasions, you cover yourself with health and life insurance. Policies exist to cover the same for your pet. Not all insurances are the same and not every dog owner needs a life insurance policy.
Health insurance for your dog is similar to your own health insurance policy. Depending on your choice of coverage, the insurance covers things like accidents, chronic illness and dental care. Many policies cover regular wellness visits and vaccinations as well. One area not covered by most health insurance policies, however, is death. When choosing a policy, it is essential to find out exactly what is and is not covered.
Life insurance for your dog covers costs related to the passing of your canine companion. A life insurance policy covers expenses such as burial or cremation. Some policies also reimburse you for the cost of your companion dog. This sounds very impersonal, but for many owners, this insures their investment. Mortality and theft insurance is another name for this type of policy. On a more personal side, many life insurance policies cover grief counseling for owners.
Years ago, families thought nothing of burying their family pet in the backyard, holding ceremonies and remembering their beloved pet and family member in a very personal way. Now, however, many cities have banned this practice and require specific burial procedures. Dog burial or cremation can be expensive and is the last thing a grieving pet parent wants to consider.
Do You Need Life Insurance?
If you have health insurance for your dog, determine if the policy covers burial or cremation. If it does, you may not need a life insurance policy unless you are looking to recover a financial loss from the death of your dog. This is a common thought for breeders, owners of top show dogs and owners of service dogs. In these cases, the loss of your dog may cause a financial loss as well. For example, service dogs who provide assistance to those with disabilities undergo expensive training. When a service dog passes, the owner must replace this dog to continue to receive support. Having a life insurance policy will help cover this replacement cost.
Deborah Lundin is a professional writer with more than 20 years of experience in the medical field and as a small business owner. She studied medical science and sociology at Northern Illinois University. Her passions and interests include fitness, health, healthy eating, children and pets.