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Spot Pet Insurance Review

Best for Unlimited Benefits Spot is one of our choices for the best pet insurance companies of 2021 because it offers unlimited annual benefits and customizable…

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This article was originally published by Money

Best for Unlimited Benefits

Spot is one of our choices for the best pet insurance companies of 2021 because it offers unlimited annual benefits and customizable deductibles and reimbursement percentages. Spot also provides coverage for hereditary and congenital conditions, and will even cover chronic conditions.

Unlike most companies, Spot doesn’t have an upper age limit, and there is no lifetime limit on payouts.

Spot Pet Insurance Pros and Cons


Pros

  • Option for unlimited annual benefits
  • No upper age limit
  • Relatively short waiting period for accidents and illnesses
  • 24/7 telehealth helpline

Cons

  • Higher-than-average premiums
  • Bilateral exclusions apply
  • Charges transaction fees for monthly, quarterly or semi-annual payments


Pros Explained

Option for unlimited annual benefits

Pet insurers usually have caps on annual benefit payouts, such as $5,000 per year. Spot offers multiple options ranging from $2,500 to unlimited annual benefits, so you can pick the benefit amount based on your pet’s needs — and what you can afford. (A higher benefit triggers a higher premium, as a rule.)

No upper age limit

With most pet insurance companies, there are restrictions on how old a pet can be to qualify for a policy. Depending on the company, the age limit can be as low as 10 years, so owners of senior pets cannot enroll their animals. With Spot, there is no upper age limit, so you can get full accident and illness coverage for your pet, regardless of its age.

Relatively short waiting period for accidents and illnesses

Spot’s waiting period — the time after enrollment that you can seek care — is just 14 days for all accidents and illnesses. That’s a substantially shorter period than some other companies require; for example, waiting periods can be as long as six months for knee and ligament conditions.

24/7 telehealth helpline

As a Spot customer, you get free 24/7 access to a veterinarian helpline. You can use the helpline to discuss medication side effects, get expert advice about whether emergency treatment is necessary or learn of typical treatments for your pet’s condition.

Cons Explained

Higher-than-average premiums

When we requested quotes for various breeds and ages and compared them to quotes in our past price survey, we found that Spot’s premiums were higher than the industry average.

Bilateral exclusions apply

Not all companies have bilateral exclusion clauses, but Spot does. If your pet has been diagnosed with any knee or ligament condition, any future issues affecting the other limbs will not be covered.

Charges transaction fees for monthly, quarterly or semi-annual payments

If you opt to pay your premiums monthly, quarterly or semi-annually, Spot will charge you a transaction fee. The fee is only waived if you pay annually.

Spot Plans

Spot offers accident and illness plans, accident-only policies and preventative plans for dogs and cats.

Accident and Illness

Spot’s accident and illness plan provides coverage for hospitalizations, surgeries, X-rays and poison control consultation fees. It also reimburses microchip implantation — by a licensed veterinarian — and behavioral therapy.

  • Annual Maximum: $2,500 to unlimited
  • Reimbursement Options: 70%, 80% or 90%
  • Deductibles: $100 to $1,000

Accident-Only

The accident-only plan covers treatments for unexpected injuries, such as toxic ingestion, broken limbs or fractured teeth. Spot’s accident-only plans also pays for microchip implantation, but it does not cover treatments for illnesses, such as cancer or influenza.

  • Annual Maximum: $2,500 to unlimited
  • Reimbursement Options: 70%, 80% or 90%
  • Deductibles: $100 to $1,000

Wellness

Spot has two preventative care plans that can be added to its insurance policies. With either option, you are reimbursed up to a specific amount for preventative tests and treatments, such as wellness exams and vaccines. Note: preventative care plans cannot be purchased separately.

  • Gold: The gold plan provides up to $250 in annual reimbursement. It covers specific amounts for dental cleanings, vaccines and heartworm tests.
  • Platinum: Providing up to $450 in annual reimbursement, the platinum plan covers higher amounts for preventative procedures. It also provides reimbursement for additional expenses like spaying or neutering and bordetella vaccines.

Spot Pricing Tier

Spot was not included in our past price survey, but its premiums tend to be higher than the averages we calculated for other companies. To give you an idea of what premiums to expect when you enroll your pet, we gathered quotes for dogs and cats of different ages and breeds.

Rate quotes are for a pet owner in Orlando, FL, and are based on an accident and illness plan with a $10,000 annual reimbursement limit, a $500 deductible and a 70% reimbursement percentage. When you request quotes for your own pet, you may find that you get different rates since premiums are based on factors like location, your pet’s breed and age.

Sample monthly pricing for dogs

1 year old 5 years old 10 years old 15 years old
Cocker Spaniel $41.88 $50.86 $107.70 $149.59
Labrador Retriever $41.88 $50.86 $107.70 $149.59
Pomeranian $30.13 $36.59 $77.49 $107.62

Sample monthly pricing for cats

1 year old 5 years old 10 years old 15 years old
Domestic Shorthair $16.21 $18.92 $33.78 $60.80
Maine Coon $24.09 $28.11 $50.20 $90.35
Russian Blue $16.21 $18.92 $33.78 $60.80

Discounts

Spot offers a 10% multiple pet discount when you enroll two or more pets, which is a higher discount than many other insurers provide.

New policyholders may also qualify for a $25 Amazon gift card when they enroll their pets. This promotion is not available in all states.

Spot Financial Stability

Having the knowledge that your pet insurance company is financially secure and capable of paying out its future claims can be reassuring. You can find out what industry experts think about companies by looking up the insurer’s Financial Strength Rating from credit rating agencies like AM Best or Demotech.

Spot’s pet insurance plans are underwritten by the United States Fire Insurance Company, a business with an A (Excellent) rating from AM Best.

Spot Accessibility

It’s common for pet insurance companies to provide educational tools on their websites, and Spot follows that trend. It has an informational blog with articles on pet health, safety and training, an online FAQ and quote tool.

Spot has an app for Android and iOS devices. You can use the app to submit claims or to contact a veterinarian through the 24/7 helpline.

Unlike some other insurers, Spot doesn’t have an online chat feature, and its customer service department is only available during certain business hours during the week; no customer support is available on the weekends.

Availability

Spot’s plans are available in all 50 states and the District of Columbia.

Contact Information

Customer support is available by phone or email. To reach customer service, call 1-866-310-3968 or email [email protected].

Customer service is only available during the following times:

  • Monday through Friday: 8:00 a.m. until 8:00 p.m. EST

User Experience

Spot allows policyholders to use their online accounts or the mobile app to submit claims, make payments or add pets to your policy. You can submit claims through the app or Spot’s website.

Coverage Limitations

Spot only insures pets that are eight weeks or older. There is no upper age limit.

Spot Customer Satisfaction

In general, Spot pet insurance reviews from its customers are positive. Policyholders frequently cite the company’s responsiveness to inquiries, quick and easy enrollment and quick processing time. On TrustPilot, Spot’s TrustScore is 4.3 out of 5 based on over 500 reviews, which is “excellent” according to TrustPilot’s scale.

Spot is accredited by the Better Business Bureau, and has an 4.5 out of 5 rating based on 16 customer reviews — better than average.


Spot FAQ

What is Spot's connection with Cesar Millan?

In 2019, Spot announced a new partnership with celebrity dog behaviorist Cesar Millan. Millan joined the company as chairman, and he promotes the company to pet owners looking for insurance coverage.

Does Spot cover veterinary exams?

Under your accident and illness policy, Spot will reimburse you for veterinary exams that diagnose or treat covered conditions once you've reached your annual deductible. Wellness exams are not covered unless you have an option wellness plan.

Does Spot limit what veterinarians I can visit?

No, Spot doesn't limit you to certain veterinarians. You can go to any licensed veterinarian or veterinary specialist in the U.S.

How We Evaluated Spot Pet Insurance

To review Spot pet insurance, we looked at the following factors:

  • Typical premiums
  • Plan options
  • Reimbursement amounts
  • Annual and lifetime caps
  • Policy exclusions and restrictions
  • Wellness benefits
  • Customer support
  • Customer reviews
  • Third-party ratings

Summary of Money’s Spot Pet Insurance Review

Although Spot’s pet insurance plans may be more expensive than some competitors, the company is still an excellent option, particularly if you’re looking for a policy with unlimited annual benefits. It has a strong reputation for customer service and financial stability, has no upper age limit and it offers multiple deductibles and plans so you can customize your policy to your needs.

It’s always a good idea to shop around and get quotes from multiple insurers so you can find the best plan for your pet. Before enrolling your dog or cat, be sure to read the policy documents carefully so that you fully understand its coverages and exclusions.

 


Author: Author

Articles

Matador extends mineralisation at Cape Ray gold project, plans greenfield drilling in 2022

Special Report: Matador Mining’s step-out drilling at the Cape Ray gold project has encountered a wide zone of high-grade gold … Read More
The post…

Matador Mining’s step-out drilling at the Cape Ray gold project has encountered a wide zone of high-grade gold mineralisation that extends the Window Glass Hill Granite (WGHG) Margin Target to the west.

Assays have been received for six holes of the 18-hole drill program, with best results of:

  • 32m at 2.6g/t gold from 14m (including 2m at 28.9g/t) and;
  • 18m at 1.2g/t from 146m (including 2m at 5.4g/t).

The drilling has extended the Margin Target mineralisation by 40m west and 75m southwest.

An additional 12 holes have been completed with assays pending to test the along strike potential of this target up to 500m northeast along the granite margin contact.

Still 5km of strike to be drill tested

Matador Mining (ASX:MZZ) executive chairman Ian Murray said the WGHG Margin Target continues to impress, with the latest results the best intercepts drilled to date within the WGHG.

“It is equally exciting that this high-grade mineralisation commences only 11 vertical metres below surface,” he said.

“An additional 12 holes have been completed to test the potential of a further +500m strike-extent of the prospective Granite Margin immediately northeast of these recent significant intercepts.

“There is still over 5km of strike of the WGHG Margin remaining to be drill tested.”

Pic: Drill hole location map (on TMI-RTP magnetics).

Assays pending for three target areas

The company has also completed 31 diamond drill holes across three other target areas, including Big Pond, other WGHG greenfield targets and the WGH Mineral Resource Infill:

  • 11 greenfield diamond drill holes from the Big Pond target area (1,506m);
  • 12 greenfield diamond drill holes from the WGHG Heart-Shaped Pond (HSP) target just west of the main WGH Resource (1,264m); and
  • 8 infill drill holes within the WGH Mineral Resource (1,248m) – with WGH Mineral Resource infill drilling ongoing. 

“Drilling will continue on the WGH infill program until winter weather sets in,” Murray said.

“With results pending for at least 43 diamond drill holes, we expect continued news flow until the start of our planned potential winter drilling program aimed at drill testing a new suite of greenfield targets.”


 

This article was developed in collaboration with Matador Mining Limited, a Stockhead advertiser at the time of publishing.

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

The post Matador extends mineralisation at Cape Ray gold project, plans greenfield drilling in 2022 appeared first on Stockhead.



Author: Special Report

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Precious Metals

New State Rankings Uncover Dramatic Differences on Sound Money

Charlotte, NC (November 29, 2021) — Wyoming, Texas, and South Dakota are the three most pro-sound money states in America, according to the 2021 Sound…

Precious Metals Dealer, Sound Money Group Rank all States’ Gold and Silver Policies

Charlotte, NC (November 29, 2021) — Wyoming, Texas, and South Dakota are the three most pro-sound money states in America, according to the 2021 Sound Money Index. Meanwhile, Vermont is ranked absolutely last.

Released today for 2021, the Sound Money Index uses 12 criteria to determine which states maintain the most pro- and anti-sound money policies in the nation.

The Sound Money Index evaluates each state’s sales and income tax policies involving precious metals, whether a state recognizes the monetary role of gold and silver under the U.S. Constitution, whether a state holds pension, reserves, or bonds in gold or silver, whether a state has imposed precious metal dealer/investor harassment laws, and other criteria.

Money Metals Exchange, a national precious metals dealer recently named “Best Overall” dealer in the United States, and the Sound Money Defense League, a national, non-partisan sound money advocacy group joined together to produce the authoritative ranking.

Alaska, New Hampshire, Utah, and Washington round out the fourth to seventh place range on the Sound Money Index.

During 2021, Arkansas and Ohio each ended their sales taxes on purchases of precious metals in their states, joining the 40 other states that have already ended this unfair practice. Arkansas and Ohio rose from 49th and 45th place to 33rd and 20th place, respectively.

The Buckeye State made a comeback in the past two years when Ohio pension trustees decided to allocate five percent of retirement funds to physical gold – and then the legislature reversed its prior decision to tax the sale of sound money. Ohio had fallen near the bottom of the Sound Money Index, but has now worked its way back into the top 20.

In fact, Ohio now stands as the only state in the U.S. currently known to allocate a percentage of state-held pension funds to physical gold. Pension trustees’ failure to own gold as financial insurance may violate their fiduciary duties as well as the “prudent man rule.”

According to the 2021 Sound Money Index, the very worst environments for sound money can be found in Vermont, New Jersey, Maine, and Kentucky. However, New Jersey, Maine, and Kentucky are expected to consider bills that would improve their rankings in their upcoming 2022 legislative sessions.

Sound Money Defense Index State Map - 2021

2021 Sound Money Index

“Inflation is becoming the top economic problem facing America. As politicians and central bankers continue to create trillions in unbacked currency, sound money has never been more important. Citizens in states that foster pro-sound money environments can better protect their savings,” said Jp Cortez, Policy Director of the Sound Money Defense League.

“Federal policy and the Federal Reserve System are the root causes of inflation, instability, and currency devaluation,” said Stefan Gleason, President of Money Metals Exchange.

“However, many states are taking steps to protect their citizens from the damaging effects of America’s fiat money system,” Gleason noted.

The complete 2021 Sound Money Index is available here: https://www.moneymetals.com/guides/sound-money-index

To arrange media interviews or for more information, please contact:

Jp Cortez, Policy Director, Sound Money Defense League

404-948-8935

[email protected]


About the Sound Money Defense League and Money Metals Exchange:

The Sound Money Defense League is a non-partisan national public policy group working on the state and federal level to bring back gold and silver as America’s constitutional money.

Money Metals Exchange is a national precious metals company recently named “Best Overall” precious metals dealer by Investopedia, a global financial industry authority. Money Metals Exchange serves over 400,000 investors in physical gold, silver, platinum, and palladium. For more information, please visit https://www.moneymetals.com/.

      





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Precious Metals

Best Penny Stocks Under 10 Cents

Penny stocks under 10 cents have the potential to give an investor unheard of returns. I’ve come up with a list of penny stocks to put on your watchlist.
The…

Penny stocks under 10 cents have the potential to give an investor unheard of returns. That’s because these are usually very new companies. And they’re generally small and unpopular.

I’ve come up with a list of some of the best penny stocks for you to check out and maybe invest in.

These all have a gross profit margin of over 500%.

However, it’s imperative that you do your research. Learn how to find businesses and stocks with enormous potential.

That being said, I’ve given you a little head start with these.

In addition, these are all on the OTC market. If you don’t know how to trade OTC stocks, or are not familiar with what they are, check out this post of mine.

Best penny stocks under 10 cents.

Best Penny Stocks Under 10 Cents

  1. SPYR Inc (OTC: SPYR)
  2. Edgewater Wireless Systems Inc (OTC: KPIFF)
  3. Global Fiber Technologies Inc (OTC: GFTX)
  4. IIOT-OXYS Inc (OTC: ITOX)
  5. Metrospaces Inc (OTC: MSPC)
  6. Golden Band Resources Inc (OTC: GBRIF)

Top Penny Stocks Under 10 Cents to Buy

SPYR Inc

SPYR works in the IoT (Internet of Things). The company creates software and AI to upgrade Apple products. And, more specifically, SPYR works to improve devices for home capabilities.

In 2020, SPYR bought a company called Applied MagiX. It’s a registered Apple developer, so it allows SPYR to create high quality products. The purchase of Applied MagiX also gave SPYR some direction.

In early November 2021, SPYR welcomed a Principal Financial Officer. That’s always a step in the right direction.

The company is also releasing its first national TV commercial. And they’re targeting specific demographics with two versions of it.

This is one penny stock under 10 cents that could be a goldmine in the future.

Edgewater Wireless Systems Inc

Edgewater enhances Wi-Fi capabilities. And it does this through spectrum slicing. This is where you turn one network into many channels. It creates the ability to house large numbers of Wi-Fi users without slowing the network.

In summary, the company focuses on fixing the problem of lagging due to high traffic volumes.

Leadership at Edgewater looks fantastic. The President and CEO has many years of experience with a Silicon-Valley company. He pulled the company up by working on marketing. In addition, he also did some business development and planning.

Global Fiber Technologies Inc

This penny stock under 10 cents creates clothes. In particular, it has three main channels of business.

The first is sports fan clothing. It even features something called “Event worn, Reborn.” It takes the fibers from a piece of clothing worn at an event, and digitally encodes them into a line of fan clothes. Customers can buy clothing items “worn by” their favorite players and athletes.

The second focus of Global Fiber is its Eco Tek 360. They take old business clothes that would have gone to the garbage. Then, they recycle them into brand new clothing, uniforms and suits. This is done for many different industries and uniform types.

The third is the Fiber Chain. This is the world’s first blockchain-powered method of buying and selling clothing. It is still being created. That said, it promises to connect buyers and sellers of fibers within minutes, instead of days or weeks.

IIOT-OXYS Inc

IIOT-OXYS is a tech penny stock under 10 cents. It used to be Gotham Capital Holdings. Now, the company targets manufacturers. Specifically, IIOT uses AI. Plus, blockchain and other technology to help manufacturers increase output and quality.

IIOT stands for Industrial Internet of Things. So, you can see how the IoT (Internet of Things) is branching off. It keeps growing and splitting into unique applications and industries. It’s beginning to create niches and join other specific markets.

Managing IIOT software for customers, plus providing products and services is what they do. And they do it so these clients can focus less on learning a new technology. Plus, the company can focus more on providing value for its customers.

Metrospaces Inc

Metrospaces is a penny stock under 10 cents that works in the PropTech industry. If you’ve never heard of PropTech, it is short for Property Technology. And in particular, it refers to technologies that help in the real estate world.

Metrospaces aims to target the best properties in the world. Then, applies these cutting-edge technologies to them.

It owns two companies. One is up and running, and the other is still in the works. Metrohouse uses AI and blockchain to provide an incredible tenant experience. It provides things like AI-based tenant matching.

The other is Metrocrowd. This will be based on the Ethereum network. And it will allow people to buy full or partial real estate with tokens.

It also uses other technologies to automate real estate transactions. In addition, it sometimes involves buying and selling real estate.

This is a great penny stock under 10 cents if you like dealing in the real estate market.

Penny Stocks Under 10 Cents: Golden Band Resources Inc

Golden Band is a gold ore mining company based in Canada. Exploring and developing gold properties, this penny stock under 10 cents was founded in 1983. So, it has plenty of history behind it.

Canada has a large amount of high-quality natural resources. And because of this, some of the best and largest mining companies are in Canada.

This is great for investors because it gives them a singular place to go when looking for the best of the best. You don’t have to go out of your way to invest in Golden, though. That’s because it’s listed on the OTC market.

To explore more opportunities surrounding penny stocks as well as other investing opportunities, sign up for the Trade of the Day e-letter below. This free e-letter is full of investment and trading knowledge from leading market experts.

The post Best Penny Stocks Under 10 Cents appeared first on Investment U.


Author: Vanessa Adelman

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