It must feel awful to still be paying for your pet’s health plan after the pet has died. Yet there’s a difference between pet health insurance and the wellness plans that some vets market. While both are designed to help pet owners spread the cost of medical care throughout the year, wellness plans are for a fixed period of time, whether the pet is actually alive during that whole time or not. [More]
Beware any service that’s sold to you with the promise that you can “cancel at any time.” Brian claims that he was misled into buying a $29/month “wellness plan” for his dog. He was told that he could cancel the plan after the first year with no early termination fee. That’s apparently not what the actual contract says, and now he’s stuck paying either a fee, or for another year of the plan.
Sarah Harper was surprised to learn she would have to keep making payments on her cat’s “wellness plan” even after the cat was dead. She was told that she had signed a one-year contract and would have to honor it. Though the service sold by Banfield pet hospitals is packaged like and sounds like insurance, it’s not, it’s a payment plan. The media kit Banfield sends to reporters explicitly says “wellness plans are not insurance policies.” The contract does say that owners will still have to make payments even if the animal has passed away. However, brochures provided to consumers don’t say anything like that, instead saying things like it’s, “”the best preventive care your pet needs to maximize its life,” and that after you enroll, “your pet is on its way to a happier, healthier and longer life!” Catveat emptor.