Andrew Oxlade has a rescue dog name Scout 6 yrs old and very well-adored. He asked himself if it is incorrect to stop his insurance.
Last summer he received a renewal notice, stated that from $23 his premiums will go up to $30 a month. Once, they just cost $9. He wondered if he should continue the pet insurance of Scot.
He has lots of discussions with dog walkers and he is advised why those pet owners prefer to “self-insure” to cover health issues or medical emergencies.
This is the core of the dilemma. Thousands of pet owners purchase a certain type of policy that really ties them in, then premiums fly higher and they have no option but to disburse.
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In fact, premiums are already significantly higher, double the regular price. The option is “time limited” policies, where an illness is only covered in policy for a year.
Another one policy that is low-priced but only covers accidents called non-lifetime.
What was Andrew pet insurance’s decision?