Pets Best Insurance announces new direct deposit program
Posted on October 4, 2010 under Industry News
-Program is first of its kind in the pet insurance industry-
BOISE, Idaho, (Oct. 4, 2010) — Payment reimbursements just became more convenient for pet owners with the introduction of the new Pets Best Direct Deposit program.
The innovative service allows Pets Best policyholders to quickly and easily file their claim online, and once approved, reimbursements can be deposited directly into their bank account. Pet owners typically pay their veterinary bill at the time when services are rendered, and then file a claim for insurance reimbursement. The addition of this program makes Pets Best the only pet insurance company to offer a fully automated simple, fast and convenient online claims submission and reimbursement process.
“Our customers have told us that prompt payment of claims is very important to them,” said Jack Stephens D.V.M., founder of Pets Best Insurance. “We’ve taken the steps to not only make the claims process faster, but much more convenient for our policyholders. With our new Direct Deposit program, our policyholders no longer have to wait for the mail and make a trip to the bank to have their claims paid and access their funds.”
All Pets Best Insurance customers are eligible for the Pets Best Direct Deposit reimbursement service. Policyholders who opt for this program can update their reimbursement information through the Pets Best Insurance customer portal.
Customers who prefer to continue filing their claims via mail or fax and receiving their reimbursement in the form of a paper check can continue to do so.
The Pets Best Insurance Plans and Advantage
Pets Best Insurance offers three standard plans for accidents, illnesses and injury: The Pets Basic plan, which comes with a $100, $250 or $500 deductible; a $2,500 per incident limit and a $42,500 lifetime limit, the Pets First plan, which comes with a $100, $250 or $500 deductible; a $7,000 per incident limit and a $100,000 lifetime limit, or the Pets Premier plan, which comes with a $250 or $500 deductible; a $14,000 per incident limit and a $100,000 lifetime limit.
Veterinarians and pet owners have enjoyed the advantages of insuring their pets with Pets Best Insurance since 2005. The company provides a straightforward 80 percent reimbursement of eligible fees for veterinary services after the deductible has been met. Advantages of Pets Best Insurance include:
• No upper age restrictions – no pet is excluded from coverage or has benefits reduced based on age
• Simple, fast and convenient online claim submission and reimbursement – most approved claims processed and paid within 5 days or less.
• Covers care provided by licensed veterinarian – plans cover all licensed veterinarians, specialists and emergency care veterinarians