🐶 Pet Insurance

Explainer

Covers veterinary costs for illness, injury, or preventive care.

Types:

• Accident-only
• Accident + illness
• Comprehensive (wellness + preventive)

Comparison: Pet Insurance vs. Wellness Plan

• Insurance: For unexpected large expenses
• Wellness: Covers routine checkups & vaccines

Guide: What to Look For

• Reimbursement rates (70–90%)
• Annual coverage limits
• Waiting periods

Trends in 2025

• Rising adoption as vet costs increase
• More employer-offered pet insurance benefits
• Expanded coverage for alternative therapies (acupuncture, rehab)