What you need to know
We know pet insurance can be confusing, but it shouldn't have to be. Figo designed its plans to be straightforward and simple so you can spend less time choosing and more time with your pet. Here are a few basics to keep in mind about Figo Pet Insurance plans.
Veterinary Exam Fees
This one is important. Believe it or not, some carriers won't pay your veterinary examination fee related to a covered illness or injury. Figo does.
As with all pet insurance companies, Figo excludes pre-existing conditions. This means a condition that first occurred or showed clinical signs before your pet's coverage started, including waiting periods.
Co-Pay and Reimbursement
These can be confusing. The co-pay is the amount you pay, and the reimbursement is the amount Figo pays. You can choose from various reimbursements: 70 percent, 80 percent, 90 percent and 100 percent.
Some companies require you to pay a deductible for each new illness or injury that occurs. They call it "Per Condition." With Figo, your deductibles are for the entire year of your coverage. You meet your deductible; you're done.
These vary widely between companies. Figo requires a 14-day waiting period for illnesses. But Figo knows things happen -- that's why Figo only requires a 5-day waiting period for accidents. The waiting period begins the day you buy coverage.