📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

You do pet, anyone used it?

Options
One of my cats is getting too expensive to insure as we discovered the hard way that he is sensitive to certain medications a few years ago. Needless to say we are extremely careful what the vet gives him now so that is generally not a problem any more but we are still paying the insurance annually what they paid out once!

I saw an advert on Facebook for a form of group funded insurance called You Do Pet an wondered if this could be a good solution for him. Has anyone come across it or used it and could give advice on if it is good? Thanks

Comments

  • donnac2558
    donnac2558 Posts: 3,638 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Seriously you want to believe something advertised on Facebook?
  • sheramber
    sheramber Posts: 22,678 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    Do you know how it works?

    A member submits a claim and all other members of their group pay a share of that claim.

    So you, Susan join and pay a membership fee. If you have a claim you submit it and the cost is divided up among the other members of the group you have been out in.

    When Dave makes a claim you have to pay a share of his claim. and also for Bob's claim and Jane's claim etc.,etc.

    You may not make any claim in a year but you still have to pay out for other people's claims.

    So, you don' t pay your own claims but you pay a share of everybody else's claims.

    Some will be winners, some will be losers- same as with insurance.

    https://www.youdopet.com/
  • sheramber
    sheramber Posts: 22,678 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    edited 24 April 2019 at 12:16PM
    deleted as posts have been removed so my post did not make sense anymore
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.