What Do I Need To Know About Pet Insurance?
Definition of "What do I need to know about Pet Insurance?"
If you own a pet, i'm sure you've been in a situation where the vet bills have been much higher than expected. If this has happened to you more than once, then you should consider insuring your pet to help control the expense. Below is an estimate of what you might have to pay for some pet related injuries- Infection: $100 - $1,500 Broken Bones: $1,000 - $3,000 Car Accident: $0 - $4,000 Cancer: $500 - $4,000 Possible Discounts- Multiple Pet Discount Based on Breed of Animal- some animals have lower rates then others Based on Location- some areas of the country are higher risk than others. You might be able to receive a discount because your location either Urban/Rural or by State.
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Popular Insurance Glossary Terms
Element used to adjust losses to reflect the incurred but not reported claim (IBNR) under the retrospective method of rating. ...
Death caused by a person without legal justification. Wrongful death may be the result of negligence, such as when a drunken driver hits and kills someone; or it may be intentional, as when ...
Insurance company incorporated according to the laws of the state in which a risk is located and the policy issued. The insurance company is domiciled in that state. ...
Circumstances that encourage the organization of pension plans by employers. For example, employer contributions are tax deductible as business expenses and not currently taxable income to ...
Written contract between an insured and an insurance company stating the obligations and responsibilities of each party. ...
Insurance policy that differs from the standard form. ...
Same as term Deviated Rate: rates used by a property and casualty insurance company that are different from that suggested by a rating bureau. An insurance company may use deviated rates ...
Actuary, appointed by the life insurance company, required by the national association of insurance commissioners (naic) under the naic: standard valuation law to provide an opinion as to ...
Type of pension in which benefits may vary depending on the investment performance of the pension plan assets. Contributions are made to fund a target benefit, such as 35% of compensation, ...
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