There are actually four basic features of pet insurance:

A) Accident Coverage

This coverage is very important for pet owners. When accidents occur they are always unplanned and unexpected. This coverage insures a pet gets the best care, while relieving the owner of the stress of weighing their wallet against their pet's life. This coverage does tend to increase the premium since insurance companies reimburse a large sum in case of accidents.

B) Illness Coverage

This coverage is included in almost all pet health insurance policies. It is important for owners to research their pet's breed to find out what illnesses they are predisposed to and then make sure that their pet insurance policy will cover it.

C) Routine Health Coverage

This is the most basic coverage offered in a pet insurance policy. This feature also tends to increase premiums, but for good reason. The premiums are insignificant compared to what an owner would pay out-of-pocket for routine check-ups... something that becomes more necessary as pets age. It's important to research into the various companies, such as VPI Pet Insurance, Embrace, and Pet's Best, to find the best pet insurance policy for you.

D) Death Cremation and Burial Coverage

Pet owners are treating their beloved animals with much more respect than ever before. Pets are now given funerals, separate tombs or are cremated, all of which can be costly. Also, all of which can be financially aided by insurance.

E) Criminal Coverage in Pet insurance

Did you know that Pet Insurance covers more than just health problems? Sadly, a growing trend in the criminal world has been the theft of pets. In the UK, pet theft has actually surpassed the theft of Ipod's and cell phones.

In the U.S., in November of 2007, three dogs worth an estimated $10,000 (each) were stolen out of an owner's truck. In these cases, pet insurance can help with the many different expenses that are incurred when a pet is stolen, such as a being able to afford a reward and financial assistance to get the animal back home. This could include transportation expenses and care costs if the pet was injured during the theft. Even if the pet is never recovered, some pet insurance plans give the pet owner a certain amount of money based on the value of the pet. So you see, while pet insurance does cover the pet's health, it can also cover the value of the pet itself!

Now, you can pick and choose which of these benefits you want within your plan, and you can tailor a plan that fits you and your pet.

Visit www.Pet-Insurance-Information.com to receive our free "Guide to Pet Insurance." Hopefully that'll help you make the best decision possible!