Barney is a 4 year old, neutered standard poodle. His owner brings him to the clinic as he has been drinking a lot more recently and looks a little thin.
Barney’s vet recommends blood and urine tests. Barney’s owner is happy for him to have the recommended tests.
Sadly, Barney is diagnosed with diabetes. This is a lifelong condition, and Barney will need medication every day for the rest of his life, as well as regular vet check-ups and blood tests. Barney is insured, but the type of insurance he has will greatly impact how much he will be covered.
1. Barney has an Accident Only policy. Barney will NOT be covered at all for his diabetes, as it is an illness and not an accident. Barney’s owner will have to pay for all his tests, and all his lifetime treatment and care.
2. Barney has a Time-Limited policy. Barney’s policy will pay for his condition for 12 months after his diagnosis, up to the agreed cover amount (the covered amount of money will differ depending on the policy). After 12 months of Barney’s treatment and care being paid for (or at the time when the pot of money runs out, whichever is first), diabetes will be excluded from his insurance policy, and Barney’s owner will have to pay for Barney’s diabetes-related treatment and care from then on. Note: Barney will now no longer be able to be covered for his diabetes by any pet insurance, as it will be classed as a ‘pre-existing condition’.
3. Barney has a Maximum Benefit policy. Barney’s care and treatment for his diabetes will be paid for until a set money-limit is reached (this limit depends on the policy). There is no time limit for this, but once the money has been spent, Barney’s diabetes will be excluded from his insurance policy, and Barney’s owner will have to pay for Barney’s diabetes-related treatment and care from then on. Note: Barney will now no longer be able to be covered for his diabetes by any pet insurance, as it will be classed as a ‘pre-existing condition’.
4. Barney has a Lifetime Policy. Barney’s insurance will pay a set amount (the limit depends on the policy) for Barney’s diabetes every year. This pot of money will renew annually, and Barney’s diabetes will always be covered so long as Barney’s owner continues the policy with the same insurer every year. This is the most comprehensive policy, and provides the fullest cover. Note: If Barney’s condition costs more per year than the annual insurance pay-out, his owner will have to pay the balance of his veterinary fees.