Cat Insurance Australia – What you need to know
It’s safe to say that many of us love our feline friends. When it comes to looking after our cats, pet insurance can help make sure they receive the treatment they deserve should they ever fall sick or get injured.
Pet Insurance for Cats
Only one in five cat owners has pet insurance. That means 80% of cat-friendly households risk paying vet expenses out of their own pocket, should something happen to your cat.
So, what does a cat insurance policy cover?
Cat insurance helps reduce the financial stress of any emergencies or unexpected trips to the vet when your cat is injured or ill. You may need to pay the bill upfront, and afterwards your insurance provider will reimburse part or all of the cost. Most providers cap how much they’ll cover, so it’s best to check how much you’ll receive when you choose your policy.
What does cat insurance cover?
Insurance coverage varies between providers and policies, but most cat insurance policies offer three levels of cover. This includes coverage for injuries sustained by accident, illnesses or a combination of both.
- Accident-only: Cats are hunters by nature, so it should come as no surprise that your cat probably loves to climb trees, jump onto high balcony railings or disappear for days on end in search of something to play with. It’s unfortunate, but such adventurous creatures are bound to have the occasional accident, leaving them with broken bones or a nasty scratch.
- Illness-only: Like all living creatures, cats are prone to illness, especially as they get older. This level of insurance can help you cover the cost of veterinary treatment should your normally healthy cat get sick. Pre-existing conditions and some illnesses may not be covered by your provider, so it’s important to double check what is included in your policy.
- Accident, illness and preventive care: The top level of cover usually includes a range of services to help your cat when they are either sick or injured.
The maximum amount you can claim for each year is usually between $10,000 and $14,000 and you can typically only claim for up to 85% of eligible bills.
Before you make your decision about the most suitable policy for your cat, make sure you do your research. Inclusions can vary from one insurer to the next, so it’s important to read the fine print and review the insurance policy to make sure you have the cover you’re expecting for your cat.
What affects cat insurance premiums?
Unlike dogs, breeding has little impact on cat insurance premiums, which are more likely to be affected by the age of the animal.
Research has found that accident-cover premiums are higher than illness-cover premiums for kittens, as they’re more likely to hurt themselves or swallow something they shouldn’t. The opposite applies to older cats, where accident-cover premiums are lower than illness-cover premiums.
Nevertheless, when RSCPA Pet Insurance tallied up claims made over a 12-month period, they found that owners of Domestic Short Hairs are almost ten times more likely to make a claim, than Moggie owners. Other breeds like Ragdoll and Burmese also see the vet considerably less, with 724 and 558 claims respectively.
Is there anything cat insurance doesn’t cover?
Like other insurance policies, there are exclusions. You cat insurance won’t include things such as dental care, food, training, grooming, accessories or any chiropractic or physiotherapy treatments. In addition, all pre-existing conditions are excluded.
Cats can be staunchly independent when it comes to hunting, grooming and exercising. But that doesn’t mean they’re immune to broken bones, infections, skin conditions and upset tummies.
Sooner or later, even the healthiest cat might need to see the vet for more than just their regular vaccination. Cat insurance can help give you peace of mind, knowing your cat won’t have to go without the care they deserve.
Compare pet insurance policies to find the most suitable cover for your cat.
Any advice provided on this website is of a general nature and does not take into account your objectives, financial situation or needs. You need to consider the appropriateness of any information or general advice we give you, having regard to your personal situation, before acting on our advice or purchasing any product.