Pet insurance has become quite popular in recent years mainly because, for lack of a better word, it “delivers.” When the concept of pet health insurance first debuted several years ago, many assumed that it was some kind of lark or fad. Of course, pet insurance is neither of those as it serves a vital function: it provides a valuable financial ‘safety net’ that ensures proper medical care will be provided to a dog, cat, et al when the need for medical treatment is required. You would not want to be in a situation where you were not able to provide care for your beloved pet, would you?

Comprehensive Pet Insurance vs. Discount Pet Insurance

Now, it must be understood that not all pet insurance plans are cut from the same mold. While there are a variety of pet insurance plans, most plans fall into one or two categories: they are either comprehensive pet insurance plans or they are discount pet insurance plans. Again, while variations exists, the common difference between a comprehensive plan and a discount pet insurance plan is that a comprehensive plan involves a monthly payment no different than a “human” insurance plan while a discount pet insurance plan usually centers on a lump sum annual fee that is at a reduced cost of the comprehensive plan.

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