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Should you have health insurance for your pets?

If your pets need only routine care for all their lives, pet health insurance probably costs more than the cost of veterinary bills. On the other hand, if your pets require emergency treatment or ongoing care for a chronic condition, pet insurance can save you a lot of money.

Features of pet health insurance plans
Companies that provide pet insurance typically offer more than one plan. Plans range from basic (mainly injury and illness) to higher-coverage plans for preventive and routine care as well as long-term conditions.

When your pet is covered by a health insurance plan, your veterinary costs look like this:

Monthly or annual insurance premiums
Deductible for each year<...
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