What is maximum benefit pet insurance?
Maximum benefit pet insurance is a policy that allows you to claim for each injury or illness up to a specified pre-set limit, typically around £1,500.
It's a good policy as long as your pet doesn't develop a long-term condition. One of the main benefits is that you can claim for the same condition more than once up to the limit, making it a good choice, for example, if you have a dog or cat that simply requires ongoing "maintaining" medication.
Maximum benefit is typically seen as a mid-range pet insurance option.
Frequently asked questions
How much does maximum benefit pet insurance cost?
If you’re a cat owner who wants maximum benefit cover, we’ve found 50% of customers could pay up to £5.00 a month*.
If you’re a dog owner who wants maximum benefit only cover, we’ve found 50% of customers could pay up to £12.16 a month**.
*50% of people could achieve a quote of £5.00 per year/month for their max benefit cat insurance based on Compare the Market data in November 2018.
**50% of people could achieve a quote of £12.16 per year/month for their max benefit dog insurance based on Compare the Market data in November 2018.
What are the benefits of maximum benefit cover?
With maximum benefit cover, you'll be insured for a set amount per condition.
Unlike some other types of policy, there are no time constraints providing you renew.
It can be a good solution if your pet needs 'maintaining' medication – like steroids for their whole life – as the costs can build up over time.
When the cap for one condition is reached, other conditions can still be covered
What are the disadvantages of maximum benefit cover?
Once you’ve reached your limit:
You won’t be able to claim for that condition again. Even if the same condition develops in another part of your pet’s body, it's very unlikely you'll be covered.
If your pet is still unwell after the maximum amount is reached, you’ll have to pay for any other treatment yourself
If your pet needs a big operation that costs thousands of pounds, you could find you are up to your limit very quickly
The maximum amount isn’t reset each year – so if you use 50% of the maximum benefit in one year, only 50% of it will be left in future years
Like most pet insurance policies, maximum benefit will only cover new illnesses and injuries – pre-existing conditions will be excluded from your cover.
What are the other types of pet insurance?
As well as maximum benefit, you have three other pet insurance options:
Time limited pet insurance – this pays vet fees for a year, after which you'll become responsible for the cost.
Lifetime pet insurance – covers you for vet fees for the whole of your pet's life (depending on the terms of your specific policy) and assuming you renew the policy each year.
Accident only pet insurance – will cover your pet in the event of an accident, but won’t cover long-term illness.
Ready to compare maximum benefit insurance policies?
We can help you get a quote in less than one minute. Just tell us a bit about you and your pet and we’ll provide you with quotes for all the maximum benefit policies that meet your specific needs. Your pet insurance quote will then be saved if you want to make changes or come back to it later.