A lot of people are not very familiar with life insurance for pets. Most people assume that life insurance for pets are just like life insurance for human beings. Unfortunately, this is not the case. When your pet dies, you will not receive the kid of payout that you get from a life insurance policy of a human being.
Why is that? Consider this, pets may be like members of the family but they are not really human beings. No, their lives are not less valuable than human beings but society dictates that human beings and animals deserve different treatments when it comes to life insurance coverage.