Pet Insurance

The Value of Pet Insurance:

Unfortunately, OHIP doesn’t cover medical care for your pet, so it’s important to plan for unexpected pet illnesses or accidents. Half of all pets will have a major illness in their lifetime, and veterinarians can now offer advanced treatments to help your pet recover from illness or injury. But treatment can be costly, and veterinary bills can add up to several thousand dollars or more.

Pet insurance can help protect you from unexpected costs while providing the best veterinary care for your pet.

Trupanion Commonly Claimed Conditions

Pet Insurance FAQs

Types of pet insurance coverage

While packages vary from company to company, there are three main insurance options for your pet. Deductibles and percentage of cost coverage can often be adjusted to modify the cost of the plan.

  • Accident – Accident coverage will generally cover the cost of emergency veterinary care and treatment, up to a certain amount, for an unexpected accident such as being hit by a car.
  • Accident and illness – This offers the same as accident coverage, with the addition of illness insurance, which generally covers treatment for illnesses, hospitalization, surgery and more.
  • Preventive – Some companies have introduced plans that allow pet owners to pay flat monthly fees to cover regular care such as vaccinations and annual exams.
  • Additional options – Many companies offer add-on coverage that will cover additional costs, including rehabilitation, acupuncture, boarding fees, liability for third-party property damage, cremation or burial, and more.

Know these terms

  • Co-insurance – Your portion of the cost of the claim. For example, if your policy has 20 per cent co-insurance, you’ll be responsible for 20 per cent of the cost of each claim.
  • Deductible– The predetermined amount you’re responsible for paying before accessing an insurance payout. Deductibles can be charged annually or per claim.
  • Pre-existing condition– Any chronic medical condition that was known before the pet owner applied for pet medical insurance. Pre-existing conditions are excluded from coverage under many plans. For example, if a pet was diagnosed with arthritis prior to the beginning of coverage, any care related to this illness usually wouldn’t be covered by the insurance provider after the policy was initiated.
  • Breed exclusion– Some companies have breed-specific exclusions, meaning they won’t cover certain hereditary illnesses common to specific breeds.

What to ask before purchasing insurance

It’s important to make an informed choice when purchasing pet health insurance. Make sure you understand how your insurance works and what’s covered before you have to make a claim. Here are some questions to ask when purchasing pet insurance:

  • What illnesses and injuries does this insurance cover?
  • What’s covered and what’s not?
  • What constitutes an accident?
  • Are there any breed-specific exclusions? (i.e. it won’t cover certain hereditary illnesses common to specific breeds)
  • Is my pet still covered if we’re travelling out of province or country?
  • Will my premium increase if I make a claim? Do they change over time or as my pet ages?
  • How do I make a claim? Do I have to pay the veterinary bill upfront?
  • How long does it take to process a claim?
  • Is there a waiting period before I can make my first claim?
  • How does enrolling multiple pets impact my plan?

List of Pet Insurance Providers

Trupanion Pet Health Insurance

Trupanion goes beyond traditional pet insurance for cats and dogs. With clear coverage and unlimited payouts for care, you don’t have to worry about your best friend’s unexpected veterinary costs.


OVMA Pet Health Insurance

OVMA Pet Health Insurance’s industry-leading plans are designed to offer unparalleled coverage and service to pet owners, which means you’ll have peace of mind about your pet’s veterinary care and more money in your pockets.


Pets Plus Us Pet Health Insurance


Petsecure – Canada’s Pet Insurance

Established in 1989, Petsecure pet insurance is the flagship brand for Petline Insurance Company. Canada’s largest and most-trusted pet insurance company, Petsecure offers comprehensive coverage, including preventive care coverage.


Peppermint – Insurance For Your Pets

Launched in 2018, Peppermint is our newest, cost-effective pet insurance solution. Veterinary care isn’t optional — especially when you’re dealing with an illness or accident. The best way to expect the unexpected is with pet insurance. Peppermint can help with a range of refreshingly simple options that will meet your needs and fit your budget.


Desjardins Pet Insurance Program

The Desjardins Pet Insurance Program was launched in January 2013, and is available to all Canadians. With The Desjardins Pet Insurance Program, you can rely on coverage to keep your pet healthy and provide them with the care they need.


The Personal Pet Insurance Program

The Personal Pet Insurance Program launched July 20, 2012, offering pet insurance to members and employees of participating professions including the Canadian military community, engineers, firefighters, health care professionals and many others.


Hudson’s Bay Financial Services – Pet Insurance for Hudson’s Bay customers

Pet Insurance for Hudson’s Bay customers offers peace of mind and benefits that help ensure your pets are living happier, healthier and fuller lives. It covers veterinary services including; x-rays, hospitalization, dental care, surgery, and any prescriptions.


Pet Shield Insurance

Veterinary care is necessary, but expensive. Pet Shield provides peace of mind that your dog or cat can receive the medical care they deserve, without having to worry about costly vet bills. Their plans also include special coverage and additional member benefits.


Fetch – Ontario Pet Insurance

Fetch by The Dodo is the most comprehensive pet insurance there is and offers health advice from veterinarians and pet-loving experts. Fetch works with any vet in Ontario – but it also works with any vet in Canada or the U.S., so feel free to take your pet with you on your next adventure.