Top Things to Know Before You Insure Your Pet

  • By: mvadmin
  • Date: February 13, 2021
  • Time to read: 3 min.

Is Pet Insurance Necessary?  If you have been thinking about getting your precious pet insured, this article is just for you.

What exactly is pet insurance?

Pet insurance pays for veterinary treatment of the insured person’s ill or injured pet. Some policies will pay out when the pet dies, or if the pet is lost or stolen.

As veterinary medicine is increasingly employing expensive medical techniques and drugs, and owners have higher expectations for their pets’ health care and standard of living than previously, the market for pet insurance has increased.

While many pet owners believe pet insurance is a variation of human health insurance, in reality, it is not, as pet insurance is a form of property insurance. Pet insurance reimburses the owner after the pet has received care, and the owner submits a claim to the insurance company. Pet insurance policies primarily cover dogs, cats and horses through more exotic species of animal can obtain coverage.

The Canadian pet industry has grown in a big way over the past few years with the pet insurance sector saw a significant leap. Some of the major players include pet insurance companies PetSecure, PetPlan, Trupanion, and PC Pet Insurance. So which of these is the best fit for your pet?

Here are four pet insurance companies that have been offering pet insurance in Canada for several years:


TruPanion offers medical insurance for your pet and is available across Canada. This is the only company that provides medical insurance for the pet rather than pet insurance, which works differently. Medical insurance for the pet also means that the payments are made directly to the vet. There are unlimited pay-outs and no limits on coverage. Its simplicity makes TruPanion a good choice, and it is an affordable choice. It is an excellent choice for those with a new pet or a significantly younger animal.  Website:

Petsecure Pet Insurance

Petsecure is the oldest pet insurance provider in Canada and is popular among pet owners across various sectors.

Petsecure has different types of coverage options and is suitable for just about every budget. They cover any dog or cat of any breed and can reimburse up to 80 per cent of treatments and vet bills. This is the insurance you should consider if your pet is considerably more senior. Petsecure also has dental coverage, coverage in other countries and preventive treatment. Website:

PetPlan Insurance

PetPlan Insurance claims to cover everything that is not a pre-existing condition or a vaccine. Coverage includes dental, scans and other diagnostic work. While this insurance can be slightly more expensive compared to some others, it does offer customised policies. Website:

PC Pet Insurance

This pet insurance company offers four types of plans – ultra, choice, value, accident. The coverage provided is similar in all of these plans, but the premium and pay-out is the main differentiating factor. PC Pet Insurance does not offer cashless insurance but reimburses you after some weeks post payment of the medical bills. Website:

How to make the most of your pet insurance?

The best tip from experts is to start early. Insuring a puppy or kitten can be a lot less expensive and less of a hassle than buying insurance for a more senior pet. Similarly, it is also important to know that some pre-existing conditions will not be covered and shop around for a good deal based on your pet’s age.

Pet Insurance can be a good gift for your furry friend since it can often be overlooked. A good pet owner will want to ensure that their pet animal will receive the best treatment and care even if their bank balance or credit card can’t deal with it at the time.