When I claimed on Mally's insurance I nearly fainted when I saw the letter stating £330 had been paid back to me for my claim - WHAT?? HOW??
After having a tantrum which closely resembled something my son might have the minute we walk into Tesco I called the insurance company and asked/demanded/screamed - can't quite remember which - 'How on earth have they justified not paying out more than £330 for a £750 bill'???
1. 25% is deducted due to the fact my boy was over 10 years old!!!!!!!!!!!!
2. £150 excess was taken off
3. Some random Vet contribution of 15% was taken off
Oh and the 'extra' that if your pet dies they will pay out £300 - gets wavered....when your pet is over 10 years old!!
So, for 10 years I've been paying in approximately £25 a month to the insurance company in the safe knowledge that if anything goes wrong and I have a huge vet bill to pay - I'm covered - NOT!!
Needless to say in my complete tantrum mode I cancelled Athena's insurance ON THE SPOT. I got asked "May I ask why you are cancelling" I shit you not I got asked that!!!
That was October.
Today Athena's vet bill came at £170.
If I use the insurance 'get out of paying' calculations above - I'd have ended up owing them money!
What I have been doing is putting Athena AND Mally's monthly insurance payments into a separate cash plus prepayment MasterCard since October 2013. Safe in the knowledge that when I took Athena to the vets I had money on the card to cover the bill.
So ask yourself, is your pet insurance really working for you? I highly recommend looking into a prepayment card.
We used one when we went on holiday and I now have one for Athena's bills. I find them a great way to save.