Best Pet Insurance Providers in the Philippines

Last Updated – Jul 10, 2024 @ 7:38 am

As the pandemic continues to change the lives of people, many have sought comfort in their furry friends. It’s not uncommon for pets to be treated as members of the family whether it comes to choosing healthy foods, outfits, and even the best toys. 

But what happens if your pet suddenly gets sick or gets involved in an accident? Are you financially prepared to take on this expense? This is exactly why you need pet insurance. 

Find out what pet insurance is, how it works, and what options you have below. 

What is Pet Insurance?

Pet insurance is a policy that allows pet owners to decrease the costs of veterinary bills caused by illnesses and accidents. With pet insurance, you can significantly lessen your out-of-pocket costs since it works in the same way as health insurance for humans in covering all or part of health bills.


What does Pet Insurance Cover?

Pet insurance covers unexpected expenses related to illnesses and accidents that involve your pet. Some providers even cover vaccines and other health requirements for your pet.

Here are the different expenses usually covered by pet insurance:

  • Injuries and emergencies due to accidents
  • Minor and major illnesses
  • Congenital and hereditary conditions
  • Behavioral issues
  • Chronic conditions
  • Prescription medication
  • Prescription supplements and food
  • Microchip implementation 
  • Alternative therapies

Here are the things it does not cover:

  • Pre-existing conditions
  • Cosmetic procedures
  • Preventive care
  • Breeding costs
  • Vaccinations (may be optional for some pet wellness plans)

Best Pet Insurance Providers in the Philippines

Any pet owner who has sent their best buddy to a veterinarian knows how fast bills can pile up. Pet insurance is still at its early stages in the country so the options are still quite limited. However, it is expected to increase in the coming years.

Here are the different options when it comes to pet insurance providers in the Philippines. 

1. BDO Pet Dog & Cat Insurance

BDO Insure offers pet insurance for dogs and cats with annual premiums starting at ₱560.

The insurance plans cover a range of medical expenses for accidents, with customizable add-ons for illnesses and dental conditions. The plans provide up to ₱30,000 per accident and include a benefit for the pet owner’s accidental death and disablement.

Here are the key features and requirements of BDO Insure’s pet insurance for dogs and cats:

Key Features:

  • Financial Protection: Covers up to 80% of veterinary expenses for accidents.
  • Peace of Mind: Enables treatment without worrying about costs.
  • Customizable Add-Ons: Options to enhance coverage based on the pet’s needs.
  • Multiple Plans: Ranging from ₱560 to ₱920 annually with increasing coverage limits.

Key Requirements:

  • Eligible Pets: All breeds of dogs and cats from 3 months to 6 years old.
  • Documentation: Updated vaccination record and photos of the pet.
  • Exclusions: Pets used for commercial or security purposes are not covered.

Here’s a summary of the different plan options available for BDO Insure’s pet insurance for dogs and cats:

PlanAnnual PremiumAccidental Injury CoverageOwner’s Accident Coverage
A₱560Up to ₱15,000 per accident; max ₱75,000Up to ₱15,000
B₱700Up to ₱20,000 per accident; max ₱100,000Up to ₱20,000
C₱820Up to ₱25,000 per accident; max ₱125,000Up to ₱25,000
D₱920Up to ₱30,000 per accident; max ₱150,000Up to ₱30,000

Each plan progressively offers higher coverage limits for both the pet’s medical expenses due to accidents and the accidental death and disablement coverage for the pet owner.

For further details on coverage and to select the right plan, you might want to visit the official BDO Insure Pet Insurance page.


2. Malayan Pet Care Lifestyle Insurance

Malayan Insurance Co., Inc, is one of the most popular non-life insurance providers in the country. Founded in 1930, Malayan insurance allows its clients to enjoy peace of mind through quality protection, service excellence, and immediate processing and settlement of claims. 

Pet Care Insurance

This product is exclusive to dogs between six months to eight years old, and has been vaccinated as prescribed by the Philippine Animal Hospital Association or PAHA. This 3-in-1 insurance covers medical reimbursement, liability insurance, and personal accident. 

Benefits/Coverage:

  • Medical reimbursement
    • Cruciate ligament injuries
    • Burial assistance due to euthanasia
    • Laboratory tests
    • X-ray, ultrasound, mri, ct scan
    • Surgery
    • Hospitalization and medication (prescribed by a veterinarian)
    • Extraction of permanent broken teeth due to accident
    • Cost of professional fees
  • Liability insurance
    • Up to Php300,000 incurred for legal liabilities to third parties due to actions of the insured pet
  • 24/7 personal accident
    • Optional, covers up to Php50,000 in event of disablement, dismemberment, and loss of life due to unforeseen or violent event during the policy period

Price: 

PlanAnnual PremiumMedical ReimbursementOwner’s Personal Accident
ClassicPHP 2,995Up to PHP 100,000PHP 50,000
BasicPHP 1,995Up to PHP 50,000PHP 25,000

3. Cebuana Lhuillier Pet Insurance Prime

This pet insurance is designed for the dogs of Cebuana Lhuillier clients. It covers medical reimbursement, owner’s liability, and personal accident insurance for the pet owner.

Dogs aged 6 months to 8 years old can avail this insurance. However, some options are only limited to pedigreed dogs, and increased coverage for non-pedigreed dogs needs to be reviewed upon renewal by Malayan’s underwriting team. Non-pedigreed dogs may also be subject to an additional premium.

Benefits/Coverage:

  • Medical reimbursement
    • Laboratory Tests
    • X-rays, ultrasound, MRI, and CAT Scan
    • Surgery
    • Hospitalization
    • Medication that is prescribed by a veterinarian
    • Extractions of permanent broken teeth due to accidents
    • Euthanasia when advised by a veterinarian to alleviate suffering 
    • Costs of veterinarian professional fees or charges which are directly and solely concerning Medication and Treatment as defined and as covered under this policy.
  • Owner’s liability provided the following conditions:
    • The Insured must not admit responsibility, agree to pay any claim, or negotiate with any other person following an incident without the consent and approval from the Insurer.
    • The Insured must immediately send the Company any writ, summon or legal document the Insured received and the Insured must never send any replies to them without the Company’s consent.
  • Personal Accident Insurance for the Pet Owner
    • Accidental food poisoning (presence of deleterious matter on food and drinks and not as a result of spoilage/expiration)
    • Accidental gas poisoning
    • Acts of nature
    • Amateur and social sports
    • Animal bites including mosquito bites (except viral infections/disease following animal/mosquito bites)
    • Commercial flying as a paying passenger
    • Drowning
    • Motorcycling cover including pillion riding excluding whilst engaged in any form of racing, riding exhibition, motocross racing, etc.
    • Pyogenic infections acquired through an accidental cut or wound
    • Riot, strikes and civil commotion (not as an active participant)
    • 24/7 worldwide coverage; on and off the job.
    • Death benefit covers accidental death only

Price: Php2,400


4. Metropolitan Pet Insurance

With Metropolitan Pet Insurance, you can receive compensation if your furry buddy becomes injured due to an accident. Should your pet pass away, you may also receive burial assistance and other payout benefits.

One of the major advantages of this pet insurance is it comes with extended Personal Accident insurance for pet owners, so it’s great value for your money.

If you get this pet insurance, you will have access to Metropolitan insurance company’s wide network of claims experts in Davao, Cebu, Metro Manila, and Bacolod. Unlike other insurance options we listed, this covers both cats and dogs.

Benefits/coverage for pets:

  • Accidental death and permanent disability up to Php50,000
  • Pet medical cash assistance up to Php10,000
  • Pet burial assistance up to Php5,000
  • Lost pet up to Php10,000

Benefits/coverage for pet owners:

  • Accidental death and permanent disability up to Php100,000
  • Unprovoked murder and assault up to Php100,000
  • Accident death and permanent disability of owner and/or pet due to acts of nature up to Php10,000 (extension-subject to additional premium)
  • Accidents due to motorcycling (owner and/or pet) up to Php50,000 (extension-subject to additional premium)

Price:

  • For Dog Pawtection and Cat Purrtection: starts at Php1,125

5. Standard Insurance Pet Health

Just like other pet owners, your dog may mean the world to you. Standard Insurance Pet Health will ensure you are financially protected if your pet develops health issues or is involved in an accident. Therefore, you can focus on supporting your pet in their healing journey.

This pet insurance only covers all breeds of cats and dogs. It also only covers pets from 8 weeks old up to 9 years old.

Benefits/coverage:

  • Consultation fee
  • Surgery
  • Hospitalization
  • Medication
  • Diagnostic test
  • X-rays
  • Medical reimbursement (accident and illness treatment)
  • Emergency boarding coverage (if the pet parent is hospitalized for five consecutive days or more)
  • Cruciate Ligament (annual limit of Php50,000)

Price:

Puppy and adultstarts at PHP 3,960
Seniorstarts at PHP 5,860

6. Liberty MePets

Liberty Insurance understands that pets are family. This insurance can be for dogs and cats, and includes coverage for medical expenses and death and disability.

For this insurance, the pet owner will get a fixed amount as financial assistance in the event of the death of the insured pet due to an accident. If the cat or dog goes missing or gets stolen, the owner will receive compensation depending on the chosen plan as long as they ensure a certificate of loss. 

Keep in mind that this insurance excludes pre-existing illnesses, recurrent accidents, and intentional acts leading to an accident. 

Liberty MePets has five pricing tiers to suit your unique coverage needs. 

Benefits/Coverage:

For pet owners:

  • Accidental Death & Disablement
  • Accident Medical Reimbursement
  • Financial Assistance (Burial Expense)
  • Unprovoked Murder and Assault

For dogs/cats: 

  • Accidental Death & Disablement
  • Medical Reimbursement (Accident & Common Diseases)
  • Financial Assistance (Burial Expense)
  • Lost (90 Days or Over)

Price: Starts at PHP 2,064


7. Cocogen Pet Furtect Pet Insurance

This is one of the best insurance policies you should consider if you want to ensure your pet’s safety and your financial security in unforeseen circumstances. This insurance has three different tiers that cover not only pets but also the owner. 

Benefits/coverage:

For owner:

  • Accidental death and disablement of up to PHP 100,000
  • Accidental medical reimbursement
  • Burial benefit for death due to accidents
  • Owner’s liability caused by pet

For pet: 

  • Medical reimbursement of up to PHP 100,000
  • Death coverage of up to PHP 10,000
  • Burial expense reimbursement of up to PHP 10,000
  • Lost pet advertising and reward of up to PHP 10,000
  • Daily hospitalization
  • Lost pet passport

Other Pet Insurance Products Approved by IC

According to the Insurance Commission, now is the best time for pets to get insured. The first pet insurance policy of its kind was approved in 2018, and it was made available in 2019.1 Aside from Malayan Insurance Co., Inc., the regulatory agency has approved four other pet insurers which include:

  • Pioneer Insurance and Surety Corp.
  • PGA Sompo Insurance Corp.
  • Mercantile Insurance Co., Inc.

However, these pet insurers have not publicized their pet insurance policies on their websites yet. We will update this guide, as soon as more details from these other insurance companies become available.


How to Get Pet Insurance in the Philippines

It’s so easy to get pet insurance today. The application process can be done entirely online. Just make sure to have the requirements ready. This can include (if applicable):

  • PCCI
  • ABKC
  • UKC
  • ICGD
  • Completed and updated vaccination card

After filling up the details, you can pay for the insurance online. Simply wait for the waiting period to be over. After this, your pet is finally insured.

If you need to file a claim, you just need to complete the claim form. It should be signed by you and your pet’s veterinarian.

You must also submit an itemized invoice that contains all vet expenses paid in full, as well as other consultation notes.

If you are claiming for the first time, most insurance providers will require you to submit a complete veterinary history of your furry buddy.

Most claims are processed in up to 10 business days. Make sure to submit the complete documentation to avoid delays.


Benefits of Pet Insurance for Filipino Pet Owners

No one can anticipate what will happen to your pet in the future. This includes when or how your four-legged buddy will get sick, and how much you need to pay for treatment. Because of this, choosing the right pet insurance is very beneficial.

If you’re still unsure whether you should commit to pet insurance, we’ve rounded up some of its benefits below. 

It will help you save money

This is the most obvious benefit of investing in pet insurance. When your pet gets sick, their insurance can help you save money.

Depending on what policy you went with and the deductible you have to meet, the plan will shoulder a certain percentage of your bill. 

It enables you to take care of your pet’s health more

When your pet has health insurance, you can focus more on their health and wellbeing instead of worrying about veterinary and prescription bills. With the right insurance, you can also afford to send your dog to have any major or minor surgery without worrying about spending thousands of pesos. 

Additionally, you will also be able to pay for various treatment plans, which is vital when it comes to life-saving surgeries. If you don’t have pet insurance, you may end up in debt. 

You will have more veterinary options

Unlike health insurance where you need to see a specific doctor for certain conditions, pet insurance allows you to choose which veterinarian you want to treat your furry buddy. This can be extremely beneficial if you want to get the best services. 

It’s easy to get and it’s cheap

Whether you have an old or young pet, you can easily get insurance for them at an affordable rate. Therefore, you can enjoy peace of mind that your pet’s health will always be in top condition. 

It protects your savings

You’ve spent months or years building up your savings, but that money can be depleted due to expensive veterinary costs. Thankfully, this can be prevented if you have pet insurance. You can even forego having a savings account designated for your pet. 


Questions to Ask Before Getting Pet Insurance in the Philippines

Choosing a pet insurance is no easy feat, and this is a process you should not rush.

Just like health insurance policies for humans, you need to talk to providers and ask them about integral elements of a pet insurance policy. Here are some questions to guide you:

  1. Are spaying and neutering covered by the insurance plan?
  2. Are check-ups, vaccinations, and deworming reimbursable?
  3. Are parvo, leptospirosis, distemper, and other infectious diseases covered? This is vital if your pet is always in contact with other animals.
  4. Is there a limit to the number of confinement days and laboratory requests per sickness/accident? This is vital to ask especially if your pet constantly has health issues
  5. Are congenital diseases still covered if you did not know about them during the purchase of the insurance plan? 
  6. Will treatments that are not related to accidents be covered by the insurance plan? 
  7. Will the plan cover pregnancy expenses including whelping?
  8. Are dental procedures included in the plan? A lot of dogs deal with inflamed gums and dental problems that need surgery
  9. Are wound treatments included in the plan?
  10. Will dermatitis, hot spots, and other skin diseases be covered by the plan? 

Pet Insurance in the Philippines FAQs

How much does Pet Insurance cost in the Philippines?

Depending on your coverage of choice and the age of your pet, pet insurance can cost Php600 to Php7,000 annually. 

Things to consider before buying insurance for your pets?

Here are the things you must keep in mind before deciding on which pet insurance to purchase:

  • Cost of Insurance
  • Policy coverage (confinement days, pre-existing conditions, dental, spaying or neutering, breeding, pregnancy, etc)
  • Ease of claims 
  • Your pet’s age
  • Your pet’s breed 
  • Other risk factors for your pet 
Types of animals that can be insured in the Philippines?

Only cats and dogs are covered by pet insurance in the Philippines. Do not forget to check with your provider if they cover your pet’s breed. 

Unfortunately, it may take a few years for other pets to be covered by insurance policies.  

How to claim pet insurance in the Philippines?

To claim pet insurance in the Philippines, typically you need to follow these steps:

  1. Notify the Insurer: Contact your insurance provider immediately after the incident or as soon as your pet receives medical attention.
  2. Documentation: Collect all necessary documents such as veterinary bills, medical records, and a detailed report of the incident.
  3. Claim Form: Complete a claim form provided by your insurer. This usually requires details about the pet, the treatment received, and the claim amount.
  4. Submission: Submit the claim form along with all supporting documents to the insurer.
  5. Review and Reimbursement: The insurer will review the claim and, if approved, reimburse the expenses based on the terms of your policy.

It’s important to review your specific insurance policy for detailed procedures and requirements as they can vary between insurers.

Disclaimer: Grit PH strives to post up-to-date information on all investment, banking, and other financial products we feature. However, information may change without notice. Therefore, we do not guarantee the accuracy of the information listed on the website, including those provided by third parties at any particular time. 

It is best to review the updated terms and conditions of your chosen financial institution. Grit PH is not affiliated with the companies mentioned in the article. All testimonials and opinions are representative only of the writer’s experience, but the results will be unique to each individual.

Sources

  1. Inquirer

About MJ de Castro

MJ de Castro is the lead personal finance columnist at Grit PH.

MJ started her career as a writer for her local government’s City Information Office. Later on, she became a news anchor on PTV Davao del Norte.

Wanting to break free from the shackles of her 9-to-5 career to live by the beach, she pursued remote work. Over the years, she has developed a wide specialization on health, financial literacy, entrepreneurship, branding, and travel.

Now, she juggles writing professionally, her business centering on women’s menstrual health, and surfing.

Education: Ateneo de Davao University (AB Mass Communication)
Focus: Personal Finance, Personal Development, Entrepreneurship, & Marketing

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Comments

  1. Ivan says

    It is not common in the Philippines to have pet insurance but this post is definitely an eye opening. I didn’t even know that there is PH pet insurance. Thank you for this post.

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