The Benefits of Pet Insurance and How to Recommend it to Clients
Updated: Oct 27, 2023
As a veterinarian, you want what's best for your patients - and that includes protecting them with pet insurance. Recommending pet insurance to your clients is an important part of providing comprehensive care for their pets.
Benefits of recommending pet insurance to your clients
1. Better Care for Pets
Pet insurance allows pet owners to afford necessary medical treatments and procedures for their pets. This ensures that pets receive the best care possible, without the financial burden preventing owners from getting the necessary treatments.
2. Increased Compliance
Pet owners are more likely to follow through with recommended treatments when they have insurance coverage. This means better health outcomes for pets and happier clients.
3. Improved Client Satisfaction
By recommending pet insurance, veterinarians are providing a valuable service to their clients. This can improve client satisfaction and lead to increased loyalty and referrals.
4. Reduced Financial Burden
Pet insurance can help pet owners avoid unexpected and potentially large veterinary bills. This can reduce the financial burden on pet owners and prevent them from having to make difficult decisions about their pet's care.
5. Better Veterinary Business
By encouraging pet insurance, veterinarians can generate additional revenue for their business. Some insurance companies may also offer partnership opportunities or discounts for veterinarians, which can further benefit their business.
How to help a client choose the best policy for their pet
Understand the Pet's Needs
Before recommending a pet insurance policy, it's essential to understand the pet's needs. Ask the client about their pet's age, breed, and any pre-existing conditions. This information will help you determine what coverage the pet requires and which policy would be the best fit.
Explain Coverage Options
Pet insurance policies differ in their coverage options. Some policies may only cover accidents, while others cover accidents, illnesses, and routine care. Explain the different options available, and help the client understand what coverage their pet needs.
Compare Policies
Compare policies from different insurance companies and provide the client with a list of options. Explain the differences between the policies, including premiums, deductibles, and coverage limits. This information will help the client make an informed decision.
Check for Exclusions
Exclusions are items or conditions that are not covered by the policy. Check the policies for exclusions and make sure the client understands them. Explain how exclusions can affect their coverage and what options are available to address them.
Check for Waiting Periods
Most pet insurance policies have waiting periods before the coverage becomes effective. Check the policies for waiting periods, and explain how they can affect coverage. Advise the client on what to do if their pet requires medical care during the waiting period.
Check for Reimbursement Options
Pet insurance policies have different reimbursement options. Some policies offer a percentage reimbursement, while others offer a fixed dollar amount. Explain the reimbursement options, and help the client choose the one that works best for them.
Read Reviews
Check online reviews for the pet insurance policies under consideration. Reviews can provide insight into the company's customer service, claims process, and overall satisfaction. Share the reviews with the client to help them make an informed decision.
Final Words
In conclusion, helping a client choose a pet insurance policy requires an understanding of the pet's needs, coverage options, exclusions, waiting periods, reimbursement options, and online reviews. By providing this information, veterinarians can help their clients make an informed decision and protect their pets with the best possible coverage.
If you believe pet insurance could be beneficial for your practice and your clients, don't hesitate to contact us today! We are here to help you explore the possibilities of pet insurance and how it can be integrated into your practice operations. Click Here to learn more about how DVM Elite can help you with this process.
