The importance of pet insurance

Only 3% of Canadian pet parents have pet insurance. And many who are uninsured aren’t prepared for routine or emergency vet costs. Add to that the fact that rising costs are having a major impact on veterinary practices across the industry. Operating expenses continue to climb, from basic overhead like rent and utilities, to essential business costs, such as property taxes and insurance premiums. As these financial pressures mount, veterinary clinics face difficult decisions about pricing structures to ensure they can maintain high-quality care while keeping their practices viable.

Unexpected vet bills don’t have to break the bank

Spot Pet Insurance offers coverage for treatment of accidents, illnesses, prescriptions drugs, emergency care and more.

Plus, their preventative care plan covers things like routine check-ups, microchip implantation, and vaccinations, if you want to give your pet the all-star treatment while you protect your bank account.

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How to observe National Pet Health Insurance Day

Not only is it a great excuse to treat your dog to something tasty, there are other ways to observe National Pet Health Insurance Day.

  • Buy pet insurance: Pet insurance is an essential investment in your pet's health and well-being. Just like human health insurance, pet insurance provides financial protection against unexpected veterinary costs. By choosing the right coverage plan, you can ensure your pet receives the best possible care without breaking the bank. Take the time to research different pet insurance providers and compare their coverage options, deductibles and reimbursement rates. Consider factors such as your pet's age, breed and pre-existing conditions when selecting a plan. With the right pet insurance policy in place, you can focus on enjoying life with your BFF rather than worrying about potential medical expenses.
  • Visit the vet: Regular veterinary checkups are essential for maintaining your pet's health and well-being. Don't delay scheduling appointments until your furry friend shows signs of illness. Instead, prioritize preventive care through routine veterinary visits. By making regular checkups a normal part of your pet's healthcare routine, you can catch potential health issues early and ensure they receive the preventive care they need to stay happy and healthy for years to come.
  • Spread the word: If you know pet parents who are on the fence about getting pet insurance, here's your chance to share some valuable knowledge. Help them understand why protecting their pet's health with insurance coverage is a smart and caring decision.

Unexpected medical costs can add up quickly, even with Canada’s healthcare system. Get cost-effective health coverage to protect you and your loved ones

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Amy Tokic Associate Content Editor (SEO)

Amy Tokic is an SEO content editor for Money.ca. She holds a B.A. in Communications from the University of Windsor. Amy is an award-winning author and has been writing professionally for 15 years, publishing articles in the lifestyle and health sectors. In her free time, Amy loves perusing used book and record stores, and chasing squirrels with wild abandon (a habit attributed to spending too much time with her pooches).

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