What does indemnity insurance provide for the treatment of pets?

Indemnity insurance for pet treatment provides compensation for the veterinary expenses that a pet owner incurs. This type of insurance typically allows pet owners to pay for the veterinary services upfront and then file a claim to receive reimbursement for eligible expenses based on their policy terms.

Unlike refund or discount, which imply a return of money or a reduction in cost at the point of service, indemnity insurance focuses on compensating the policyholder for costs they have already paid out of pocket. Coverage suggests a broader concept that might include a range of services, but in the context of indemnity insurance, the precise outcome is the compensation for those costs, making it the most accurate choice among the options provided.