Pet insurance can help cover eligible veterinary costs, but policies differ widely in what they include and how much they pay. Check the Product Disclosure Statement for waiting periods, exclusions for pre-existing conditions, annual benefit limits, sub-limits, excesses and whether routine care is covered. Premiums may depend on your pet’s species, breed, age, location and policy choices, and an insurer decides claims under its policy terms. Compare cover carefully and ask the insurer or a licensed insurance professional about anything you do not understand.