Thursday, February 23, 2012

Is Pet Insurance Really Necessary?

Veterinary bills are increasing much faster than the overall rate of inflation. Part of this reason lies in the advancements of medical techniques and the increasing number of veterinarian specialists. These trends, however, come at a price. Performing a magnetic resonance imaging (MRI) exam on the spine of a cat can cost $1,300. Removing a tumor on a dog can cost $3,700 and implanting a pacemaker can cost $5,500. Even dealing with a dislocated ankle can cost up-wards of $5,000. As a result, pet insurance sales are increasing rapidly. Is this a wise purchase? If the answer to any of the questions below is yes, you should seriously consider purchasing this coverage.
  • Are you willing to go into debt to provide health care for your pet?
  • Do you consider your pet an integral member of the family?
  • Are you on a fixed or limited income?
  • Would you be willing to spend over $4,000 to save your pet in a life-threatening situation?
If you decide to purchase this protection, you should carefully compare the rates and policy pro-visions of at least three well-established pet insurers. Call your independent insurance agent at Hunter Insurance Agency at (401) 769-9500 if you would like to discuss this type of coverage.

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