What’s lifetime pet insurance?
‘Lifetime’ is a term used by some providers to describe how the vet fee limits works on their pet insurance policies. Not all pet insurance providers use it - some use terms like ‘annual limit’ instead to mean the same thing.
Lifetime cover doesn’t mean the price stays the same over your pet’s lifetime - the price of your policy can still change each year. It just means there’s no time limit on how long you can claim for a condition.
So once you have the policy, as long as you keep renewing it and don’t cancel, it can pay your cat or dog’s vet fees for conditions that develop year after year - or for the lifetime of your pet (which is where the term comes from).
Here’s how our easy-to-understand lifetime policies with an annual limit work:
- You have an annual limit for vet fees - that can be as much as £15,000 with our Complete policy.
- If your pet falls ill or is injured and you need to make a claim, the cost of your claim will be taken from this annual limit. You can make as many claims as you need up to that limit during your policy year.
- When you renew your policy for another year, your annual vet fee limit will be refreshed so you have the full amount to claim from again. So with our Complete policy that means you could claim up to £15,000 in vet fees each and every year.
What does lifetime pet insurance cover?
Depending on the policy you choose, we can cover:
- Vet fees up to an annual limit, with no limits on each condition.
- Free 24/7 free vet video calls with FirstVet - which won’t affect your vet fee limit.
- Pre-existing conditions all policies cover conditions that ended two years ago - and we have a policy that covers more recent issues.
- Dental treatment for accidents on all policies as part of your annual vet fee limit. Dental illness is also covered by our Complete policy.
- Immediate cover if you switch to us straight from another pet insurance provider.
- Complementary treatments like hydrotherapy, up to a limit given in your policy that’s part of your overall vet fee limit.
- Behavioural treatment if referred by a vet as part of your vet fee limit.
- Legal action against your pet (dogs only).
- Advertising and reward costs if your pet’s lost or stolen included as standard on Complete and as an option for other policies.
- Saying goodbye - a contribution towards the cost of putting your pet to sleep and their cremation or burial.
But not everything’s covered by pet insurance. We can’t cover:
- Pre-existing conditions that your vet has given treatment, medication or advice for in the last two years - unless you choose our pre-existing condition policy.
- Spaying, neutering and vaccination - we don’t cover routine treatment but you need to keep on top of vaccinations and check-ups to keep your insurance valid.
- Immediate vet fees - for illness in the first two weeks of your policy or accidents in the first 48 hours, unless you’re switching from another provider with no gap in your cover.
Why should you choose ManyPets' lifetime cover?
All ManyPets policies have an annual limit that refreshes each year when you renew. We believe this is best for pets and pet parents because we don’t want your cover to run out during your cat or dog’s lifetime.
We want our policies to be easy to understand, so our annual limit policies have just one total vet fee limit that refreshes each year. Some other companies impose a separate, lower limit on how much you can claim for each condition within the annual limit - we don’t.
We also don’t do time-limited policies that stop paying out for a condition 12 months after you claim, or maximum benefit and per condition policies that impose a limit for each condition.
And our Complete policy has an exceptional level of cover, with £15,000 of vet fee cover, dental cover for accidents and illnesses, 24/7 free FirstVet consultations and more.
Is lifetime pet insurance the best cover?
A lot of pet parents find lifetime cover gives them more peace of mind than other types of pet insurance because it covers future treatment for conditions, year after year, as long as they keep renewing.
We tend to agree. Pet insurance with an annual limit lets you enjoy your time with your pet without the worry of your cover running out.
Here’s how our award-winning policies compare with other types of pet insurance:
Our annual lifetime pet insurance versus annual lifetime pet insurance with a limit per condition:
Not all lifetime pet insurance is the same. Some other providers have two types of limit: an overall annual limit for all claims, plus a separate lower limit that caps how much you can claim for each condition.
For example, the overall limit might be £6,000 each year, but the condition limit could be £2,000. So if your dog suffered from cancer and a skin condition in the same policy year, you’d only be able to claim up to £2,000 for each of those conditions, even if treatment still came to less than £6,000 in total.
At ManyPets we want our policies to be easy to understand. So there’s just a single claim limit for all conditions - this means you only have to think about the total amount of cover you have each year.
Our annual limit pet insurance versus time-limited pet insurance:
If you’re comparing pet insurance by price, you may find some of the cheaper policies are time-limited or 12-month policies. They often allow you to claim for each condition for just 12 months, even if you keep renewing your policy.
At ManyPets we don’t do time-limited policies because we want you to be able to claim for a condition year after year, even if your pet develops long-term conditions like Cushings disease or diabetes.
Our pet insurance versus maximum benefit policies:
A maximum benefit policy has a vet fee limit that’s capped for each condition, for your pet’s entire life. Once the cap has been reached, you can’t make any more claims because the limit doesn’t refresh when you renew your policy.
A maximum benefit policy with a £3,000 limit per condition would let you claim up to £3,000-worth of veterinary treatment, regardless of the length of time it took to reach this total.
The problem is, a maximum benefit limit could easily be used up, especially if your pet needs costly surgery and ongoing treatment.
For example, if your cat had a tumour removed, and you claimed £2,000 for the operation and aftercare, that would only leave £1,000 that you could claim for ongoing chemotherapy and medication for the rest of her life. Then you’d have to pay for any more treatment yourself (although you could still claim up to the per condition limit for other injuries and illnesses).
We hope your pet will have a long, happy life, which is why our policies have an annual limit that resets every year you renew.