Whether pet insurance will offer you value-for-money depends on your circumstances and the policy you choose. Pet insurance providers don't typically operate like medical insurers for people. While medical insurance providers often cover costs upfront, pet insurance customers often need to claim back what they've spent on vet bills. Luckily with accident cover though, many pet insurers pay fees upfront. Pet insurance is useful for animals that typically have high medical costs (like horses), or domestic breeds which will likely develop issues.
There are certain breeds, especially among dogs, which are prone to medical issues. Brachycephalic (snub-nosed) breeds are particularly disposed to developing heat exhaustion, breathing issues, skin infections and eye problems due to the shape of their skulls. It might sound like pet owners would avoid these kinds of breeds, but they're actually very popular. For dogs, brachycephalic breeds include Pugs, Pekinese, Shih Tzus, various Bulldog breeds, the Boston Terrier and the King Charles Spaniel. Even the Bull Mastiff, which wouldn't be seen as fragile as one of its 'yapper' peers comes with the same short muzzle and associated problems. In fact, any purebred dog typically comes with hereditary issues caused by selective breeding.
Considering that some pet policies provide up to R60 000 annually, this could be an appealing option. This is especially appealing for emergency procedures required after accidents. Vet bills for animals that have been hit by cars, for example, cost a few thousand Rands depending on the injuries. However, there is one caveat…