Surprising insurance policies you need now

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If you are looking for insurance that is both inexpensive and reliable, now there are two surprising ones to consider.

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Paying an insurance bill every month can often feel unsatisfying. For a monthly fee to the provider, you are covered in the event of an accident or illness in the future. But if nothing happens, the money you spent is gone, and there’s very little to show for it.

That doesn’t mean insurance isn’t valuable (it is). and it is often mandatory anyway.

But if you’re looking for a type of insurance that’s both inexpensive and reliable, now you should consider two surprising ones: pet insurance and travel insurance.

Surprising Types of Insurance You Need Now

Pet insurance and travel insurance are both valuable. Here’s what you need to know now.

pet insurance

According to the North American Pet Health Insurance Association (NAPHIA), approximately 4.4 million pets were insured in North America in 2021. Compare that to the 70% of US households that have a pet (according to the American Pet Products Association’s 2021-2022 National Pet Owners Survey), and you can quickly see the gap between the insured and the uninsured.

but The benefits of pet insurance are diverse and important. For a monthly fee (cheaper if you pay annually) owners can rest assured that their pet will be protected should illness or an emergency arise.

And it’s flexible.

Let’s say you just want basic pet insurance to cover routine visits and maybe some annual shots. Then you can sign up for insurance that does just that. And if you want a more robust plan that covers the above plus additional items like surgeries and prescriptions, you can find a plan that covers those as well. If you want cheap pet insurance, you can opt for accident insurance.

Bottom Line: You can create a plan that works for your pet and your budget. So get started today! Speak to a pet insurance expert now who can help you get started on a plan.

travel insurance

With the holidays just weeks away, it makes sense to get travel insurance now.

Think about how much you have already paid for your hotel, your flights and all the activities you have planned. Now imagine losing all that money if you (or someone you’re traveling with) get sick or have an accident.

It is not cost effective to skip travel insuranceespecially during the pandemic when restrictions and illness are unpredictable. It’s not expensive either (usually around 4% to 8% of your total travel expenses).

It’s especially important while the holiday season When travel costs are higher, the likelihood of lost luggage increases, and flight delays and cancellations are common.

“Travel cancellation is the number one concern for most travellers. This benefit provides protection for the financial investment travelers make in their trips and provides coverage for all prepaid and non-refundable travel expenses. This can include all travel-related expenses such as airline tickets, hotel accommodations, excursions, tours and cruises,” explains Squaremouth, a US-based travel insurance comparison site.

So speak to a travel insurance expert today and make sure you are covered for your next trip.

The final result

It’s no fun paying a bill for a service you hardly ever use. But both pet and travel insurance have value you can use right away. Use the table below to start exploring your options now.