How life insurance for dogs is different from other commonly known insurances. - Glad Dogs Nation | ALL profits donated

If you are a responsible dog parent, you most likely have insurance for your dog. But, have you considered life insurance policies for your pet? There are significant differences from other commonly known insurances for pets. The difference between pet life insurance and life insurance for humans is also outlined. What happens to them after they pass away?

What is pet life insurance like?

One must consider the expenses related to vet and modern medication for a dog or owning a pet in the first place. The pet owner bestows all the luxuries in the world to their beloved and is ready to incur considerable costs to maintain the pet's health. What happens to the pet after their death? Life insurance for dogs addresses this question. It is different from a health insurance policy for a pet. Pet insurances cover the medical expenses of the treatment. Though a huge array of factors make them significantly differ from health insurances for humans, they tend to be closer to the concept of home insurance -- where the pets are treated as property. (Not with the aim of offending anyone, but to simplify the understanding of the process for the pet owner.)

Life insurances for pets are for the period after their death. These are also known as dog mortality and thrift insurances. Its application is more like renter’s insurance as compared to the pet health insurance. These are bought by owners of famous dogs, or show dogs with considerable net worth and typically benefit the owners of such canines. Rescued dogs, or the adorable four-legged companion in your residence, are probably pre-empted from this life insurance. At the same time, the possibility of a life insurance policy for your dog is not out of the question. It can help you deal with the costs related to the cremation or other service that you might want to arrange for your beloved dog. If you want to improve your knowledge about the matter, this blog covers home, renters, pet and life insurance, which can prove to be beneficial pieces of knowledge throughout your life.

Types of regular life insurance

There is a huge variety of life insurance available for human beings. These include term life insurance, whole life insurances, universal life insurance, burial insurance, survivorship life insurance, mortgage life insurance, credit life insurance and group life insurance.

  • Term life insurance is bound to a strict timeline. Exceeding this period of time, means the expiry of the insurance. Whole life insurance is a longer time commitment to the insurance company. The deposited premium, with the added interests, increases the cash value of this.
  • Universal life insurances are cheaper than whole life insurance and provide lifelong coverage. However, there are certain basic distinctions that need to be kept in mind.
  • Burial insurance is a relatively smaller amount, that is for the purpose of covering the burial costs.
  • This next kind of insurance is also named the second-to-die life insurance. As the alternative name suggests, it deals with the monetary assistance of the living partner to this contract, after the death of the one party.
  • Mortgage life insurance is the guarantee to pay the mortgage lender in case of the death of the insured. This is not paid to the listed beneficiary.
  • Credit life insurance is also meant to be paid to the lender, much like mortgage life insurance.
  • The last type of insurance is group insurance which is for the group and not the individual.

How is pet life insurance different?

Pet life insurances do not cover the loss in the terms of income due to the death of a pet. It is largely based on the pet itself. The pet life insurance value is calculated on the monetary value of the dog. This explains why owners of show dogs or very popular dogs with higher net worth might want to incur the expenses of life insurance for their dog.

Some very crucial facts that need to be understood before diving into life insurance for dogs include that their coverage ranges over unexpected deaths of dogs only. Any existing pre-condition of the dog will not be covered by the life insurance. It is wise to check with the vet before making this decision for your beloved companion. The interval for checkups also varries for different companies and needs to be researched before purchasing a policy.


It is hard to put a monetary value on your pet's life and death. No insurance can replace your beloved furbaby. Every person has his or her own pace of dealing with the news of death and the mourning period is bound to differ accordingly. It is important to understand the value of life insurance for your dog, before committing to a company. It can be a costly venture and generally is in the higher value range. This investment needs to be carefully evaluated by the owner of the dog.

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