Insuring a pet in Canada is a not a common practice unlike in the UK and Sweden. In today s world, being a responsible pet owner is not just by loving the animal but also providing the right exercise, stimulation, environment, activity levels, health care and nutrition for your pet. Canada s Petplan has the best intentions when it is about saving up for emergencies. Various studies show that over 95% of vets insist that pet insurance is a must for pet owners in order for them not to be showered with huge bills in the event that their pet becomes sick or needs continuous medical care, added Mr Hollebon. Why Go Cheap? Face it, cheap is cheap. Many insurance companies out there are trying to con consumers by telling that they have the best rates because they have lowest available in the market. Medical costs for a dog with a heart problem can go as high as 1,000 or a cat with a broken arm will set owners back as much as 300. A pet owner should study the requirements before choosing a particular insurance policy. Many pet health insurance companies provide different policies that emphasize on the pet s age and type. However, the immediate cost will be considerably less compared to spending for numerous pet medical bills you incur in the future. Before making that final decision in buying your pet medical insurance consider your requirements. Many pet medical insurance companies have various types of policy for different and types of pet. Well don't sweat it, I'm going to show you why dental insurance can be necessary for your pet and why you might want to consider getting an add-on to your existing plan if it already has it. Admittedly not every dog will need dental insurance. It's worth consulting with your vet to find out if your particular breed is more susceptible to any diseases. The pet s age is also another major consideration in pet insurance. Insurers normally avoid covering animals that are over 8 years old. Older pets typically need constant medical care. It is advisable to insure pets when they are young to avoid such hassle and boost chances that your pet will be covered for life regardless of what illness or treatment is needed.