My spouse's family dog died of gall bladder rupture, but prior to that, had aggressive melanoma cancer, one of only a few major coverages (up to $9,000 coverage in policy).
The monthly premium was $100/month, beginning with when the dog was a fresh puppy
14 years later, $14,400 of premiums, not including interest, paid in...
Dog gets Melanoma cancer and gets radiation treatment. Procedure cost: $8,000 treatment plus $500 meds plus $1,500 total office visits
Total cost: $10,000
Expected reimbursement: $9,000? Not so fast
The $9,000 was the TOTAL cancer reimbursable amount, but treatments they only cover certain ones and up to scheduled maximums
Total reimbursement: $250
So paid in $14,400 premiums + $10,000 = $24,400
Reimbursed amount: $250
Solution: just get a savings account
The monthly premium was $100/month, beginning with when the dog was a fresh puppy
14 years later, $14,400 of premiums, not including interest, paid in...
Dog gets Melanoma cancer and gets radiation treatment. Procedure cost: $8,000 treatment plus $500 meds plus $1,500 total office visits
Total cost: $10,000
Expected reimbursement: $9,000? Not so fast
The $9,000 was the TOTAL cancer reimbursable amount, but treatments they only cover certain ones and up to scheduled maximums
Total reimbursement: $250
So paid in $14,400 premiums + $10,000 = $24,400
Reimbursed amount: $250
Solution: just get a savings account
Very Displeased with Pet Insurance