- 1 Overview
- 1.1 Types of Covers offered by Oriental Pet Insurance:
- 1.2 Life time Cover
- 1.3 Time Limited Pet Insurance
- 1.4 Features of Oriental Pet Insurance
- 1.5 Treatments covered in Oriental Pet Insurance
- 1.6 Enter and Exit age of Oriental Pet Insurance
- 1.7 Waiting period for a Pet Insurance
- 1.8 Buying Process of Oriental Pet Insurance
- 1.9 Why we need Pet Insurance?
- 1.10 Exclusions of Oriental Pet Insurance
- 2 Claim Process of Oriental Pet Insurance
Pet insurance is a medical insurance policy purchased by the pet owner to cover the cost of high veterinarian bills and to ensure that their pets receive the best possible treatment. Some policies additionally cover the insured pet’s death or loss. Annual check-ups, immunizations, dental cleanings, and other basic pet care expenses are covered by pet insurance coverage. Routine healthcare expenditures like as vaccinations, tick treatment, and minor diseases might cost between Rs.6,000 and Rs.10,000 in the first year after adopting a pet, and between Rs.5,000 and Rs.7,000 in subsequent years.
Veterinary medical knowledge has advanced along with technological advancements throughout the decades, and many sophisticated medical procedures that were previously only available to humans are now available to animals. These operations are, without a question, pricey.
Of the domains of neurology and cancer, there has been an excessive rise in specialised therapies. Serious medicines, such as those for cancer or heart disease, can cost anything from a few thousand to tens of thousands.
Types of Covers offered by Oriental Pet Insurance:
- Lifetime-cover: The pet is protected against any important long-term sickness, such as eczema, arthritis, and so on, for the rest of his or her life. When a pet owner purchases a lifelong pet insurance coverage, they are given a set amount each year to go toward their pet’s treatment.
- Time-limited coverage: This cover provides financial protection for pets for a set amount of time to cover a specific disease or accident.
Life time Cover
Lifetime insurance is the most expensive choice, but it provides the most comprehensive coverage for your cat or dog. As long as you don’t cancel or let your insurance expire at renewal, Lifetime will cover your pet year after year, for the rest of their lives. Many people opt to preserve their Lifetime insurance since many insurers do not cover pre-existing diseases for new plans.
If your pet gets a long-term ailment like diabetes or arthritis, lifetime pet insurance is excellent.
Because Lifetime insurance cover so much, they can be more expensive than Time restricted policies, which cover just short-term diseases and injuries. You’re also more likely to be covered for therapies like acupuncture or hydrotherapy if you have a Lifetime insurance.
Up to the policy limit, lifetime plans will cover all diseases or ailments that arise during the policy year. The policy limit is then updated and applied each renewal, so you can rest certain that your furry family member is always protected as long as you are insured with us.
Time Limited Pet Insurance
Time-limited coverage is ideal for pet owners looking for a basic pet insurance policy. It will cover your pet for short-term illnesses and injuries, and it is a wonderful alternative for pet owners with older pets that have pre-existing problems.
Our limited-time pet insurance plan includes five complementary treatments for your pet (such as acupuncture, hydrotherapy, osteopathy, physiotherapy, or chiropractic therapy).
Even if it arises again a few years later, LV= Time limited pet insurance will only cover a condition up to the policy limit specified on your policy schedule for a maximum of 12 months. When the monetary or time limit is reached, all coverage for that condition is terminated, and no more coverage is available.
Features of Oriental Pet Insurance
- Customized pet insurance policies are offered for cats, dogs, birds, cattle, horses, and other animals.
- The sum promised for pets varies between Rs 15,000 and Rs 50,000. The amount insured is determined on the breed and other relevant criteria.
- Oriental pet insurance policies also include third-party coverage, which protects you if your pet bites, assaults, or harms a third person.
- Lifetime coverage, time-limited coverage, and money-limit coverage are the three categories of pet insurance coverage. The pet and its owners are protected for the rest of their lives against any serious or long-term sickness. This includes eczema, arthritis, and other skin conditions. A policyholder who chooses a lifetime pet insurance coverage will be reimbursed a certain sum each year for pet treatment. After a pet has developed a disease or been injured, a time limited pet insurance coverage provides financial protection for a certain amount of time. Money-limit coverage provides financial assistance to pet owners in meeting their dogs’ medical bills. This policy has no expiration date and can be utilised until the money maximum is met.
Treatments covered in Oriental Pet Insurance
- Treatment expenditures for certain diseases or injuries, surgeries, hospitalisation bills, mortality due to illnesses, accidents while in transportation, loss, theft, or wandering of pets, incapacitation of the pet, or accidental poisoning would all be covered by pet insurance.
- If third-party insurance is included, third-party legal responsibility, including legal fees, is also covered.
- From 8-week-old puppies to 8-year-old canines, Oriental pet insurance covers a wide range of breeds, from domestic to exotic pets.
Enter and Exit age of Oriental Pet Insurance
Your dog must be between the ages of 3 months and 4 years for Giant Breeds and 3 months to 7 years for Small/Medium/Large breeds to be eligible for this coverage. Oriental Insurance can insure your dog for up to 6 years for Giant breeds and 10 years for Small/Medium/Large breeds if you keep renewing your policy with Oriental Insurance.
Waiting period for a Pet Insurance
Under a Pet Dog Insurance Policy, the waiting period for Surgery Expenses Cover, Hospitalization Cover, Mortality Benefit Cover, Terminal Diseases Cover, Long Term Care Cover, and OPD Cover is 30 days.
A Pet Dog Insurance Policy has a 90-day waiting period for Theft or Straying Cover.
Buying Process of Oriental Pet Insurance
- On Oriental’s website, you must fill out the form and offer information about your pet dog.
- This will need colour photos of your pet from all five sides, including the front, back, left, right, and top, to help us identify it. If your pet has an RFID chip, a colour photo with the identifying number plainly visible would suffice. The photo must contain the newspaper as of the application date, with the date clearly visible.
- You must also self-certify that your pet has got all of his or her vaccines on schedule.
- If your pet is older than 4 years old and you want to skip the 90-day waiting period (see Special Conditions), we’ll require certain diagnostic test results, such as a biochemistry test, a circulatory blood count, a urine test, and a chest X-ray.
- You’ll also need to furnish a Pedigree Certificate from the Kennel Club of India if you choose a Sum Insured that applies to a pedigree lineage.
- If you want a larger Sum Insured than the maximum price for that breed, you’ll have to show evidence of purchase.
Why we need Pet Insurance?
With the escalating costs of personal care, grooming, and medical bills, it’s not unusual for individuals to spend Rs. 70,000 – Rs. 80,000 on their dogs each year. Pet insurance, which is already a prevalent practise in other countries, is gaining popularity in India due to a variety of advantages it provides:
- Ensures Greatest Health: The insurance coverage will ensure that your beloved pets receive the best treatment and medical care possible.
- Cost-effective and saves money: Your pet can be protected for a variety of advantages, including medical treatment, accidents, and, in certain situations, even abroad protection, by paying a nominal cost.
- Accidents Happen: Even if we can’t take our gaze away from our furry kids, they might get wounded when playing or for other causes. All of these medical bills will be covered by Oriental insurance, so you won’t have to worry about burning a hole in your wallet.
- Other Benefits: your pet is eligible for additional benefits such as coverage for third-party damages or theft.
Exclusions of Oriental Pet Insurance
Dental coverage varies per employer, but most only cover dental work that is the result of an accident. Any cosmetic or aesthetic work, as well as normal cleanings, the removal of deciduous teeth, endodontics, caps, crowns, fillings, root canals, or planning, are not covered. There are some insurances that have an add-on that covers extra dental work, but this is far from common.
Preventative and regular care are common for any pet, yet pet health insurance companies refuse to cover these because they believe they are costs that a pet parent should anticipate and budget for. There are add-ons that can cover some of these sorts of services, much like dental coverage, so inquire what’s covered.
- Any procedures that aren’t absolutely necessary due to illness or an accident
- Surgical procedures to correct deformities or birth abnormalities are not covered.
- Whelping or pregnancy-related surgeries are not covered.
- Any operation involving grooming is prohibited.
- Cosmetic or elective surgery that isn’t connected to an injury isn’t covered.
- Any dental surgery that is not the result of an accident or injury is not covered.
Claim Process of Oriental Pet Insurance
- a properly filled-out claim form
- Certificates of Immunization
- In the event of a claim under the Mortality Benefit Cover, a death certificate and coloured images of the deceased dog are required.
- Medical Records and Bills for Veterinarians (in case of claims under Surgery Expenses & Hospitalization Cover, Mortality Benefit Cover, Long Term Care Cover and OPD Cover)
- Copy of Police General Diary Entry (in the event of a claim under Theft/Lost/Straying Cover)
- FIR (Foreign Intelligence Report) (in case of claim under Third Party Liability Cover)
- In the event of a claim under the Theft/Lost/Straying Cover, a copy of the advertising is required.
- Bill from the hospital (in case of claim under Hospitalization)
- Orders of the Court (in case of claim under Third Party Liability Cover)
- Report on Diagnostics (in case of claim under Terminal Diseases Cover, Long Term Care Cover and OPD Cover)
- Color photos of your beloved dog with the newspaper as of the Claims Registration date, with the newspaper’s date displayed.
- If your pet has an RFID tag or microchip, a colour photograph of the tag that clearly captures the identifying number will suffice.
- Any other documentation that the Company may request in order to process the claim
Frequently Asked Questions (FAQ’s)
- What is a pet insurance plan?
Ans – A pet insurance plan, often known as a pet cover, functions as a safety net, keeping you financially afloat in the event of an accident or sickness affecting your pet dog. These plans are offered by insurance providers to help you provide the finest care for your pet.
- Why is a pet dog insurance plan important?
Ans – Oriental’s pet insurance covers your pet in the event of an accident, sickness, or hospitalisation. There are a variety of extra covers available, including as theft/loss coverage, long-term care coverage, and so on, that provide additional advantages.
- How to avail pet insurance plan for your dog?
Ans – Go to Oriental Insurance website or nearest branch of the insurance company to avail the insurance.
- What are benefits of pet insurance for dogs?
Ans – The most significant advantage of dog insurance is that it allows you to access the best medical services to assist your dog in recovering from diseases and accidents. Furthermore, Bajaj Allianz Pet Dog Insurance provides optional advantages like as assistance in finding your dog if he or she goes missing, protection against third-party legal liability for third-party injuries, and property damage caused by your pet, among others.
- What is not covered in Oriental Pet Insurance?
1. Any operations that aren’t absolutely essential as a result of a disease or an accident.
2. Surgical procedures to address birth defects or deformities are not covered.
3. Pregnancy-related operations, such as whelping, are not covered.
4. Any surgery that involves grooming is forbidden.
5. Elective or cosmetic surgery that is not related to an accident is not covered.
6. Any dental surgery not related to an accident or injury is not covered.