Pet Insurance in India: Some policies in the market today

Pet insurance coverage has recently seen an uptick in the insurance market. As the pet care market evolves and pet owners become aware of the costs involved, pet insurance becomes even more important. Bajaj Allianz Pet Dog Insurance policy has just been launched by Bajaj Allianz and there are many more.

Bajaj Allianz General Insurance has recently come with a new Bajaj Allianz Pet Dog Policy which provides comprehensive insurance coverage to dogs of various breeds between the ages of 3 months to 10 years. The breeds which come under the coverage include-indigenous origin, pedigree, non-pedigree, cross-bred, and exotic breeds of dogs. The premium for this policy starts from Rs 315, GST excluded.

New India Insurance also offers an insurance scheme for your furry friends. In this scheme, dogs between the ages of 8 weeks to 8 years can be insured. The basic rate of premium charged of the total sum insured is 5 per cent.

This insurance company provides pet insurance policy for all exotic and indigenous breeds of animals. It covers the pet against permanent total disability and death caused due to accidents.

This one is a leading Indian insurance provider company which offers insurance coverage not only for dogs but also for horses and elephants. In the dog insurance scheme, dogs between the ages of 8 weeks to 8 years can be insured. The premium cost involved in the insurance cover ranges between Rs. 200 - Rs. 10,000.

Vetina Healthcare LLP, a leading Animal Healthcare products and the value-added service provider has recently announced an insurance coverage scheme for dogs, 'Pawtect', which covers medical expenses for Dogs. The company provides a range of plans to help pet owners cover the medical expenses of their pets. The plans are applicable across multiple pets clinic in India. 'Pawtect' offers three different plans and it covers medical expenses between the range of Rs 40,000 and Rs 150,000.

Pawinsure company offers insurance for all breeds of dogs and cats. It also covers health conditions such as heart conditions, diabetes, cancer, gastro-related ailments, blood pressure, etc. Premiums are approximately between the range of 5 to 20 per cent of the sum insured. The sum insured is chosen by the owner of the pet.