The Lifelong Difference

What we mean by Lifelong is cover that pays for treatment up to the benefit amount each year. When the policy is renewed the benefits are also renewed. Other companies offer time capped or financially capped policies, which only pay for a condition for 12 months or until the financial limit has been reached, after which you would end up paying for any further treatment.

Mrs Cook’s Labrador developed diabetes that resulted in on-going veterinary treatment. The following table illustrates the very real impact that the choice of insurance product would make to the amount Mrs Cook could claim. After Mrs Cook had paid the annual excess of £40 each year, the cost of her dog’s treatment over 5 years came to £4,166.

  Amount Paid by Insurance
YEAR Cost of
treatment		 petPals
Dog Standard		 12 month time
limit per
condition		 £3,500 financial
limit per
condition
Year 1 £827 £827 £827 £827
Year 2 £932 £932 £ 0 £932
Year 3 £775 £775 £ 0 £775
Year 4 £799 £799 £ 0 £799
Year 5 £833 £833 £ 0 £167
Total paid by insurance £4,166 £827 £3,500
Total paid by Mrs Cook £0 £3,339 £666

Clearly, Mrs Cook would be better off with lifelong cover such as petPals as it would pay for her treatment over a longer period of time.
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