Policy Terms

by Pawlicy Advisor
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Pet Insurance Terms
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Policy Terms

What are Policy Terms?

A policy term is a rule, requirement, expectation, or provision established in the contract with your pet insurance provider. Common policy terms surround topics such as payments, cancellation, nonrenewal, increased coverage, and fraud. Your policy terms will address these details so that you are aware of the requirements to remain insured, and ways that your policy can be voided, such as in the event of nonpayment or the discovery of fraudulent claims.

How Policy Terms Work

When you compare pet insurance on Pawlicy Advisor, we make it easy for you to read the policy terms of each plan in clear, accessible language that’s easy to understand. However, if you purchase pet insurance elsewhere, it’s vital that you carefully read through the fine print and get answers to any questions you may have, you’re fully aware of what’s required of you to maintain your pet’s health insurance coverage.


Key Takeaways

  • Policy terms are the conditions of the contract between you and your pet insurance provider.
  • These terms are clearly identified and provide a detailed breakdown of important topics, such as how the policy may be canceled or voided by either you or the insurance provider.
  • Our pet insurance dictionary can help you learn unfamiliar terms in your insurance policy terms, so that you can shop with confidence knowing that you understand the details of your agreed upon contract.

Continue Reading

Policy Year
A policy year is the 12-month period of time between your pet insurance policy’s anniversary of enrollment.
Read More.
Pre-Existing Condition
Pre-existing conditions are health conditions that have been diagnosed before you enrolled your pet in a health insurance plan, or before the required waiting period has passed.
Read More.
Premium Rates
A pet insurance premium (also known as your “rate”) is the amount of money you pay for your pet insurance policy.
Read More.

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