Erste Bank Offers Pet Insurance for Budapest Residents

Published: December 13 2023

Erste Bank in Budapest now offers pet insurance for residents. This insurance covers medical expenses for pets, including illnesses, accidents, and damages caused by the pet. It can be a useful financial tool for pet owners to ensure that unexpected veterinary costs are covered.

The Erste pet insurance covers medical expenses for dogs and cats. It can be added as an additional service to home insurance policies. The insurance can cover costs for younger animals, typically from 6 months to 7-8 years old. The coverage can include veterinary bills, diagnostic tests, medications, and even euthanasia costs. It can also offer compensation if the animal causes damage to property.

Erste Bank offers two different packages for pet insurance. The Mini package costs 3700 HUF per month and covers expenses up to 100,000 HUF. The Maxi package costs 6300 HUF per month and covers expenses up to 250,000 HUF. Both packages have a 10% co-pay, with a minimum of 10,000 HUF. Pet owners who have a personal savings account with Erste Bank can add pet insurance to their account.

To be eligible for pet insurance, the animal must be healthy and between 6 months and 8 years old. It must also have a microchip for identification, up-to-date vaccinations, and regular deworming. The insurance can be purchased through Erste Bank's digital platform, George, with just a few clicks.

Erste Bank's pet insurance provides an affordable option for Budapest residents to protect their pets and ease the financial burden of unexpected medical expenses. With two package options and coverage for dogs and cats, pet owners can find a suitable plan to ensure their pet's well-being.

What does the Erste Bank in Budapest offer to its customers? The Erste Bank in Budapest offers pet insurance to its customers.

What does the pet insurance cover? The pet insurance covers the medical expenses for pets in case they get sick or injured, as well as any damage caused by the pet.

Which pets can be insured under the pet insurance? The pet insurance can cover dogs and cats, but it does not apply to other types of pets like birds or reptiles.

What are the age requirements for getting the pet insurance? The pet insurance can be taken for pets that are at least 6 months old and up to 7-8 years old.

How much do pet owners in Hungary spend on their pets monthly? According to surveys, pet owners in Hungary generally spend between 5,000 and 30,000 forints per month on their pets.

How often do pet owners take their pets to the veterinarian in Hungary? The surveyed pet owners in Hungary take their pets to the veterinarian either monthly or less frequently, with some taking their pets for check-ups every 3 months or once a year.

How much does the pet insurance cost? The pet insurance offered by Erste Bank has two packages. The Mini package costs 3,700 forints per month and covers up to 100,000 forints in expenses, while the Maxi package costs 6,300 forints per month and covers up to 250,000 forints in expenses.

Who is eligible to get the pet insurance? To be eligible for the pet insurance, the policyholder must be the owner of the pet or a direct family member living at the same address. The policyholder must also have a personal forint account with the bank.

What are considered veterinary costs covered by the pet insurance? The veterinary costs covered by the pet insurance include veterinary fees, necessary laboratory and imaging tests, the cost of implants during surgery, the cost of diagnostic and medicinal products, and the cost of euthanasia performed by a veterinarian.

Does the pet insurance cover damages caused by the pet or if the pet gets involved in an accident? Yes, the pet insurance covers damages caused by the pet and also provides coverage if the pet gets involved in an accident.

What are the requirements for getting the pet insurance? At the time of getting the pet insurance, the pet must be healthy, at least 6 months old, and have a microchip identification. The pet must also have received the mandatory vaccinations and must be dewormed annually.