Mr. Green’s Policy:
Medical Annual Limit selected: £4,000
Excess (Claim Contribution) selected: £100
Co-payment: 20%
Mr. Green receives his first vet bill of £1,000 for a new condition. Mr. Green will have to pay the Excess of £100 and 20% of the total bill, which is £200. That means Mr. Green’s total payment towards the bill will be £300 and we will pay the remaining £700. Mr. Green’s remaining Annual Limit for vet fees will be £3,000 for the rest of the policy period.
If Mr. Green has to take his pet back to the vet during the same policy period and receives a vet bill of £500 for the same condition, Mr. Green will only have to pay the 20% co-payment. That means, Mr. Green will have to pay £100 and we will pay the remaining £400.
His remaining Annual Limit for vet fees will now be £2,500 for the rest of the policy period.