Pet Insurance Cost Cutting System/MoneySavingExpert.com Discussion

jlanky81

I've just renewed my pet insurance policy for my 1 year old cat with AXA after I realised my current insurer, Tesco were a per condition policy, rather than for life policy. Works out that it's only 50p more a month. I've made sure to start the policy with AXA a fortnight before the policy with Tesco is cancelled because I noticed that I wouldn't be able to claim during the first 14 days of the new policy.

jonnywells

I have just been looking into insuring my 2 cats and came across the AA pet insurance which on the face of it seems good.

My cats i think are just moggies

Gold cover is £6.77 a month

I can use quidco as well @ £15 each.

Any reason to avoid the AA pet insurance?

jlanky81

AA don't offer a for life policy, which means they'll only pay out to a certain level per condition and once you've reached that limit, you won't be able to claim again. No good for long term ailments that might affect your pet.

jonnywells

jlanky81 wrote: »

AA don't offer a for life policy, which means they'll only pay out to a certain level per condition and once you've reached that limit, you won't be able to claim again. No good for long term ailments that might affect your pet.

Hmmm am i reading this wrong or not going into the T&C far enough?

What is cover for ongoing conditions?
Many pet insurers limit cover for ongoing conditions for only 12 months. At the AA we recognise that some illnesses may go on beyond that, maybe even for the rest of the pets life.Our policy will continue to cover your pet, up to the policy limit, for ongoing claims subject to cover remaining in force and payment of premium.

lowis

the AA policy will give you the policy limit/amount for the duration of the pets life i.e.£5000

a true 'for life' policy will give you the policy limit / amount each year i.e. £5000 each year

try getting quotes from petplan, nfu, axa to see how they compare - these firms offer true for life policies.

albacookie

jonnywells wrote: »

Hmmm am i reading this wrong or not going into the T&C far enough?

It's the "up to the policy limit" bit that is the problem - if you spend it all in a couple of years you'll be stuck even if the condition is ongoing. There are probably few conditions that will spend it all but you don't know how lucky (or not!) you're going to be.

sirlizzie

Well, done it cancelled petplan, what a performance! and taken two policies out now wth AXA, so far so good, cheaper and there was a small discount for the second dog, cheaper excess and higher value cover

Petplan are disputing the refund of one of the 1st premiums, because one of the insurances (for the second dog) had been dated as the 12 Aug, the other being 19 Aug.

The call from Petplan was in the evening of 13/8. At no time was any other date other than 19 Aug, (the date for renewal of the dog he was ringing about) mentioned, but i have just been told as it is now 29/8 ........I didn't get the docs etc until the following week, and by my calculation I had until Tuesday next, to cancel, which is what I have done. He asked why i was cancelling, so one of things i did say was that at no time did he mention there being the 25% extra plus a couple of other niggling points, but I kept calm, lol, inwardly gnashing teeth.


I just had a quick look on their site and it says 14 days from date of purchase, but if you look in terms & conditions it says 'after receiving' you can cancel for full refund.

So he said he would pass it on, I asked him to note somewhere that I was told there would be no problem cancelling and perhaps a check of the actual original phone call would clarify.

So i suppose I'll have to wait and see.

h007

hi guys
just wondering if any of you are with more than?
i got my quote from petplan and they were saying £16 a month for £6000 per condition for life cover.
then i got the quote for more than which was £8 for £7000 per condition for life cover.

how comes it is so much cheaper with more cover? am i missing something??

lowis

h007 wrote: »

hi guys
just wondering if any of you are with more than?
i got my quote from petplan and they were saying £16 a month for £6000 per condition for life cover.
then i got the quote for more than which was £8 for £7000 per condition for life cover.

how comes it is so much cheaper with more cover? am i missing something??

not sure which policy you have with petplan, but More Than dont offer true 'for life' insurance - they give you £7000 per condition, which is is supposed to last for the duration of the pets life. a true 'for life' policy will give you an amount EACH year, which renews each year. my petplan policy gives me £7000 a year, each year, as does my axa policy i.e. if i claim £5000 this year, i can claim another £7000 next year. with the More Than policy if i claimed £5000 this year, i would only be able to claim another £2000 up until the pet's death. hence why More Than are that much cheaper.

thesim

h007 wrote: »

hi guys
just wondering if any of you are with more than?
i got my quote from petplan and they were saying £16 a month for £6000 per condition for life cover.
then i got the quote for more than which was £8 for £7000 per condition for life cover.

how comes it is so much cheaper with more cover? am i missing something??

Because its not cover for life, its per condition. So you can only claim £7,000 per condition, if you go over that then you pay out of your pocket & if its chronic you'll be paying for the rest of the pets life from your own pocket, no insurance company will insure that condition.