Not long ago, medical treatments such as joint replacement, chemotherapy, root canals and MRI were reserved for human patients. Fortunately for our pets, that is no longer the case. Today, advanced diagnostic tools and treatments are available for our animal companions. Many common illnesses in pets are treatable, but fees for diagnostics and treatments can range from $100 to several thousand dollars. Pet owners need to consider the options available to pay for their pet’s care in the event of a serious illness or injury.
Personal Savings
Many clients will pay for their pet’s medical care with personal savings. This is a good option for small bills and routine visits. It is also suitable for people who manage their finances carefully and are diligent about paying their line of credit or credit card bills monthly. Some people will open a separate savings account and transfer a set amount into this account every month. In this way, they will build up an emergency pet care fund should it ever be needed. To be successful, you must be disciplined enough to only use this money for pet care.
Financing Options
Pet Card iFinance :
1-888-689-9876
ifinancecanada.com
iFinance will do a credit soft credit check to pre-qualify. This has no impact on your credit score. Client consents to a full credit bureau check. In just a few seconds, the clients receive their final interest rate and the amount they will be able to borrow.
Scratchpay:
1-855-727-2395
scratchpay.com
Scratchpay provides you with simple, friendly payment plans. Scratchpay isn’t a credit card; finding your plan won’t affect your credit score. There are no hidden fees, no prepayment penalty and no deferred interest. Apply for a payment plan from your phone or desktop, check your rate, pick your payment plan, and get the care you need!
Pet Insurance
Pet Insurance is becoming more popular in Canada, with plans available to suit every pet ownerʼs needs. Pet Insurance can give you peace of mind if your pet is ill or has an accident. It can also help reduce the financial stress of providing necessary medical attention to your pet in an emergency. Pet Insurance can be purchased for any pet age; however, starting a policy when your puppy is young and healthy often results in the best premiums and most complete coverage. Currently, there are three leading companies providing pet insurance in Canada. Each company has different coverage, deductibles and cost. Take time to review what each company offers before making a decision. While this may seem like work now, it is well worth the time to ensure you have a plan that works for you and allows you to give your new companion the best care possible.
