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1.2.4 Risk Management

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Once owners can appreciate the veterinary care that will be needed by animals over their anticipated lifespan, they can also better plan how they are going to pay for such services. Owners can use several risk management strategies to financially prepare for such veterinary care, including pet health insurance (see 10.16 Pet Health Insurance), payment plans (see 10.17 Payment and Wellness Plans), and third‐party payers (see 10.18 Financing Veterinary Care).

It is important for the veterinary healthcare team to reiterate that if pet owners want the most benefit from pet health insurance it should be initiated as quickly as possible, typically by 8 weeks of age, before there are any issues that could be considered preexisting.

Pet-Specific Care for the Veterinary Team

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