Compare Best Pet Insurance Plans 2024 by Insurance Providers
| Insurance Provider/ Plan Type | Surgical Treatment | Non-surgical Treatment | Third Party Liability | Premium |
|---|
| Liberty PetCare - Standard
(Dog/ Cat) | S$1,500
Co-insurance 30% | S$500
Co-insurance 50% | S$100,000
Deductible $500 | S$356.54 |
| Liberty PetCare - Enhanced
(Dog/ Cat) | S$2,000
Co-insurance 30% | S$750
Co-insurance 50% | S$250,000
Deductible $500 | S$458.41 |
| Liberty PetCare - Superior
(Dog/ Cat) | S$10,000
Co-insurance 30% | S$3,000
Co-insurance 50% | S$500,000
Deductible $500 | S$764.01 |
| TIQ Pet insurance - Pawsome
(Dog/ Cat) | $2,000
Co-insurance 20-30%
***Depending on age of enrollment
Deductible
S$200 in respect of each and every claim | $500
Co-insurance 20-30%
***Depending on age of enrollment
Deductible
S$200 in respect of each and every claim | S$0 | $287.38
(Dog#)
$211.31 (Cat) |
| TIQ Pet insurance - Pawmazing
(Dog/ Cat) | $5,000
Co-insurance 20-30%
***Depending on age of enrollment
Deductible
S$200 in respect of each and every claim | $1,000
Co-insurance 20-30%
***Depending on age of enrollment
Deductible
S$200 in respect of each and every claim | $100,000
(No Deductible) | $459.80
(Dog#)
$338.09 (Cat) |
| TIQ Pet insurance - Pawtastic
(Dog/ Cat) | $10,000
Co-insurance 20-30%
***Depending on age of enrollment
Deductible
S$200 in respect of each and every claim | $2,500
Co-insurance 20-30%
***Depending on age of enrollment
Deductible
S$200 in respect of each and every claim | $250,000
(No Deductible) | $540.77
(Dog#)
$397.63 (Cat) |
| TIQ Pet insurance - Pawfect
(Dog/ Cat) | $15,000
Co-insurance 20-30%
***Depending on age of enrollment
Deductible
S$200 in respect of each and every claim | $3,500
Co-insurance 20-30%
***Depending on age of enrollment
Deductible
S$200 in respect of each and every claim | $500,000
(No Deductible) | $632.70
(Dog#)
$465.23 (Cat) |
#Maltese below 12 months old
Is Pet Insurance Compulsory?
Pet insurance is not compulsory in Singapore, and plenty of pet owners do get by without it.
Nonetheless, without insurance coverage, the cost to treat unexpected pet emergencies can bring financial burden to the majority of pet parents. Therefore, it is important for responsible pet owners to factor in the healthcare costs for their pets, especially for certain pet breeds and older pets that are prone to illnesses.
It is also important to anticipate the cost of third-party liabilities, especially if you have a pet that is known for its aggressive behaviour. Accidents do happen and some pets have been known to attack other animals or even children.
A responsible pet owner would want to consider pet insurance as a way to safeguard against these scenarios.
What Does Pet Insurance Cover?
Currently, pet insurance in Singapore is only available for dogs and cats. A pet insurance in Singapore covers:
Accidental death and injury
Non-surgery related treatment
Surgery-related treatment
What Are The Common Exclusions of Pet Insurance?
The clinical examination for insurance enrolment
Why Should I Consider Pet Insurance?
Healthcare cost
Veterinary bills can be expensive. Pet insurance helps you manage these costs, ensuring your pet receives the best care without straining your wallet.
Peace of mind
Knowing you're financially prepared for emergencies allows you to focus on your pet's well-being.
Our pets can get sick or injured, and treatments can sometimes cost a lot of money. Even if your pet is healthy, it may get into trouble now and then, such as swallowing a foreign object. With pet insurance, your pet can receive timely treatment, and you may also be able to seek better quality healthcare for your pet because you can afford it. You can have peace of mind and focus more on being there for your pet instead of worrying about the bills.
How Do I File a Claim?
Most insurers have online portals where you can submit your claim and all supporting documents.
Tip 1: Do not wait too long to make a claim
Most insurers will require you to make the claim within 30 days of the event. You would want to submit your claims form as soon as possible, as insurance companies usually take some time to process your claim.
Tip 2: Keep originals of everything
Even though claims can now be submitted via online portals, you will still need to prove its authenticity. This means producing original documents when the insurance companies request for them. Hence, do keep the original documents and have them ready when the insurer asks for them. Examples of claim documents include the vet report, original vet bills, AVA/SPCA lost & stolen reference number and police report for theft claims, etc.
Frequently Asked Questions
What is pet insurance?
Pet insurance provides financial protection for your furry companions. It covers veterinary expenses, accidents, illnesses, and other unexpected costs related to your pet's health. Nonetheless, do take note of the exclusions in your pet insurance policy.
Am I eligible to purchase pet insurance?
You must be the owner of the pet.
You hold a valid Singapore identification document such as a Singapore national registration identification card, employment pass, work permit, long-term visit pass or student pass.
Your pet must fulfill the requirements by the insurer such as:
- - Age
- - Be microchipped
- - Stay with you in Singapore
- - Completed all required vaccinations
- - Not used for breeding purposes
Can I insure older pets?
In Singapore, pets are limited to coverage from 8 weeks old up to 9 years old, depending on the insurer's policy terms. Therefore, it is advisable to get your pet insurance coverage as early as possible.
What should I look for when purchasing pet insurance?
Coverage: Understand what is covered. For instance, accidents, illnesses, and any exclusions.
Premiums: Compare premiums based on your pet's age, breed, and health history.
Limits and deductibles: Understand the maximum payout and any deductibles.
Claim processes: Familiarise yourself with the claims process and required documentation.
Are pre-existing conditions covered?
Pre-existing condition is a health condition that your pet already has before the insurance starts or gets during the waiting period. Most pet insurance plans do not cover pre-existing conditions.
What are deductibles and co-insurance?
Deductible is the amount you pay for covered healthcare services before your insurance plan starts to pay. For instance, your claimable bill is S$500 and your insurance's deductible is S$50, you would have to pay for the S$50, and your insurer will take up the rest of the claimable amount which is S$450, subject to your plan's annual limit.
Co-insurance is the percentage of costs of covered healthcare service you pay after you've paid your deductible. For instance, if your co-insurance is 20% and your claimable bills come up to be S$2,000, you have to pay S$400.
How does the No-Claim Discount (NCD) in pet insurance work?
No-claim discount is a benefit that you get to enjoy as a policyholder during your renewal, if your pet has no claims during the period of insurance. Most of the insurers allow up to 15% NCD, while TIQ Pet Insurance allows up to 20% NCD!
Tips when getting pet insurance
Ensure your pet is within the eligible age range to get a pet insurance policy. It is essential to get your pet insured sooner rather than later.
Determine the level of coverage you require for your pet. Take note of the deductible and co-insurance applicable.
Compare premiums across insurers. Look out for seasonal promotions, discounts and offers!
Familiarise yourself with the claim processes.
Why buy pet insurance from us?
Value for money
We compare our partners' insurance plans based on best price and coverage to give you the best bang for the buck.
Customer-oriented
We are always online to serve you and your needs to your best interests - because you come first.
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Policy Documents
