Vet bills can add up quickly, especially when pets face accidents, surgery, or chronic illnesses. Pet insurance helps offset these costs, but plans vary widely in what they cover, how much they pay out, and the conditions attached. In this article, find out how pet insurance plans compare and what to look out for when choosing a plan for your pet.
1. For high-value protection: Income Happy Tails
Income’s Happy Tails insurance is positioned as a comprehensive, long-term solution that provides broad accident and illness coverage focusing on surgical and clinical treatments, including the ability to continue your pet’s cover beyond age nine. This policy offers the annual limits of up to $22,000 for surgical benefits which is the highest available among the three pet insurers we have. This plan also provides coverage for specific hereditary conditions, such as hip dysplasia or Intervertebral disk disease (IVDD), for pets enrolled before age six (subject to a 12-month waiting period). While suitable for lifelong care due to features like end-of-life benefits, do note that a mandatory clinical examination is required for enrolment.
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2. For young pets and preventative care: Liberty PetCare
Liberty PetCare offers tiered pet insurance designed to allow owners to tailor accident and illness coverage for both surgical and non-surgical treatments to their specific budget and needs. This plan stands out for its early enrolment eligibility by allowing pets to be insured as young as 8 weeks old. Beyond standard medical care, PetCare also provides wellness benefits that cover health checks, vaccinations, and teeth cleaning, alongside unique support such as a one-time benefit for spaying or neutering and coverage for the unlawful theft of dogs.
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3. For quick coverage and flexibility: MSIG PawEasy
MSIG’s PawEasy is primarily built around major medical protection, focusing on hospitalisation and surgery with high annual limits of up to $20,000. PawEasy offers the shortest waiting periods among the compared plans, with coverage for injury beginning after just 14 days and illness after 60 days. This is notably faster than the 90-day requirement of other pet insurance policies. While the base plan focuses on essential surgical care, PawEasy can be customised through optional benefits such as outpatient non-surgical medical cover, and pet boarding if the owner is hospitalised or experiences travel delay. Enrolment is straightforward with no medical examination required, though owners should note that deductibles and co-insurance apply, with the co-insurance rate increasing from 20% to 40% depending on the pet's age at enrolment.
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🐶🐱Picking the right plan for your furry friend
When comparing pet insurance, it’s important to look beyond premiums and annual limits. Key factors to review include waiting periods, exclusions for pre-existing or hereditary conditions, co-payment structures, and whether coverage focuses on major medical events or also includes routine care. Ultimately, the right choice depends on your pet’s age, breed, health history, and your budget.
To check how much your pet insurance may cost, head over to Insure > Lifestyle Insurance and filter by “Pet Insurance” to view the plans available, check your prices, and make your purchase.
We don’t just look after your pet’s life; we’ve got yours covered too.
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Available Products on FSMOne Insurance |
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Term Life, Whole Life, Critical Illness, Annuity, Health, Endowment, General Insurance (Personal and Commercial) from AIA, AIG, Allianz, China Taiping, Cigna, Chubb, Etiqa Insurance, FWD Insurance, Great Eastern, Henner, Income, Liberty, Manulife, MSIG, Raffles Health Insurance, Singlife, Sompo, Tokio Marine, and QBE. *Please check with our team if the product you want is available on FSMOne Insurance |
Information obtained from:
https://www.income.com.sg/happy-tails-pet-insurance
https://www.libertyinsurance.com.sg/petcare
https://www.msig.com.sg/personal/paweasy
Information retrieved on 10 February 2026.
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