When you first get a dog, you will probably be told by several people that you need to buy dog pet insurance. However you may not be at all clear as to exactly why you need it, especially if you haven’t owned a dog before and are aware of the situation.
If there is one reason for having dog pet insurance that you had already thought of, it is probably health insurance. That is, insurance to cover your vet’s bills if your dog is sick, or injured in an accident. It’s most unlikely that your dog will go through his whole life without a single disease or injury, and nowadays just one treatment can cost literally thousands of pounds. Dog pet insurance policies vary enormously as to what level of cover they provide for vet treatment, so you need to compare them carefully and see what best meets your needs.
However, there are several other reasons why it is important to take out dog pet insurance. Some of these may not have occurred to you if you haven’t had a dog before.
? If your dog causes a motor accident, for instance by running out into the road, you will need insurance to cover you for legal advice and compensation payment. You are responsible for what your dog does, so the other party will sue you. If a serious injury is involved, the compensation could be huge.
? Similarly, you can be sued if your dog bites someone, e.g. a postal or other delivery worker, or a neighbour. Of course, you need to keep your dog under control and train him not to bite people, as it would also result in him being put down.
? If you have to be hospitalised and there is nobody to care for your dog, your dog pet insurance can pay for boarding kennels (if you have a policy that specifically includes this). The policy won’t pay for putting your dog into kennels while you go on holiday! However, if you have booked a holiday and your dog is sick or injured at the last minute, preventing you from going, you can have a policy that covers the cost of cancelling your holiday.
? If your dog is lost or stolen, dog pet insurance can pay for advertising and rewards. Some policies will also cover replacement – some will even pay for bereavement counselling!
? If your dog is hard to control, is disobedient or has other behaviour problems, a dog pet insurance policy can pay for advice and help from a dog training expert or a dog behaviour therapist.
Of course, many of these things may never happen – and you certainly hope they won’t. But sometimes they do, and it’s a good idea to consider right at the outset how you would cope if any of these things did happen. There are a number of good reasons for having dog pet insurance, but the most important one of all is – peace of mind.
FOR A BETTER INSURANCE EXPERIENCE…
Do yourself a favor and KNOW your insurance coverage. Not being fully informed can cost you hundreds if not thousands of dollars.
TO REDUCE INSURANCE PROBLEMS and MISUNDERSTANDINGS:
1. Have a copy of your insurance’s formulary.
What is a Formulary?
A formulary is a list of all the medication your insurance will help you pay for. This list does change over time, so make sure to have the most up to date edition. On a formulary, the amount you’re expected to pay is your co-pay.
Most insurance formularies are in levels or tiers.
EX: Tier 1 Generic Medication
Tier 2 Preffered Medication (Brand)
Tier 3 Non Preffered Brand Medication
Price generally escalates with increasing Tier position.
Also note that Tier 2 and 3 are both brand name medication. That is, there may be more than one brand name medication for the same condition. Your insurance may have a prefference.
So…
Ask your insurance to mail you a copy of your current formulary. You can also ask your insurance carrier where you can find a copy of your formulary online. If you have more than one insurance carrier, make sure you have access to each individual one.
ALWAYS go with a copy of your formulary to your Dr.’s office, or leave it with them. It will save you a potential headache and surprise at the pharmacy.
WHAT IF A MEDICATION IS NOT ON THE FORMULARY?
Don’t give up yet!! You can ask your Dr. directly, or your Pharmacy to conduct a Prior Authorization for you.
What is a Prior Authorization?
Usually in reference to non-formulary medication, but can also refer to non-formulary directions – For example your insurance carrier may only cover 30 pills of a medication within a 30 day period, but your Dr. prescribes it for twice a day (60 pills within 30 days).
If your doctor prescribes a drug that requires prior authorization for coverage, ask your doctor to call the number on your Prescription Insurance card to begin the authorization process. Your doctor’s office must complete a prior authorization form or call your Insurance at the number on your card to provide the necessary information.
And lastly, some insurance plans have preffered pharmacies. So make sure that your regular pharmacy is a participating pharmacy. This is usually not a big deal especially in regards to most retail pharmacies, but to be safe, call your insurance company to make sure. Getting medication filled at a non-participating pharmacy will cost you more!
For more Pharmacy Related Questions, please visit cvscustomers.com
There are many reasons why you should invest in insurance for your business. While it is not always mandatory as Auto insurance is or overtly important Health insurance, it is just as essential. Protecting your business comes down to protecting the jobs and futures of you, your family, as well as all of your employees and their families. The liability exists and it is your responsibility to protect your assets and the future of your company. Business Insurance should be considered a crucial aspect of any management strategy.
Whether you are starting a business, or have been in business for quite some time, getting started with your business insurance is essential, and there is no time like the present. There are many events that could destroy your business if you do not have adequate coverage. They can be extremely disastrous, and you can almost never see them coming. The best way to protect your business is to have a good damage control plan in place, which is where insurance comes into play.
Basically all business insurance plans must include liability coverage. Professional Liability Insurance covers situations where your company is at fault. If an employee makes a mistake that has significant repercussions on a client, they might be inclined to sue. Liability Insurance covers you in this situation. It is an essential form of coverage, as Americans are often very “sue-happy.”
Most Insurance companies provide Business Owner Policies, which are standard bundles of various basic insurance needs for your company. This can include property, worker’s compensation, as well as forms of general liability. There are many affordable and comprehensive bundles to get your started, and they can be modified to fit your specific needs.
Additionally, it is crucial to review your business insurance needs often, unlike CA life insurance. Various changes in businesses occur, and suddenly you need more coverage than you realize. If your company grows and suddenly a few people have company cars, it is essential that you update your insurance plan to include commercial auto.
No matter what industry you are in, make sure you are protected. Sign up for a business insurance plan as soon as you open your doors, you can’t afford not to.