Pet Insurance: An Optional Benefit For Team Members With 4-Legged Friends

Lauren Nowacki2-Minute Read
UPDATED: March 08, 2024

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What Are Pet Insurance Benefits?

Our pet insurance, provided by Nationwide, gives owners up to 90% cash back on vet bills caused by pet injuries, illnesses, hereditary conditions, surgeries and more. This can help provide pet owners with peace of mind and financial savings.

 Among the many services covered, team members can expect to get reimbursed for:

  • Wellness exams
  • Spay or neuter
  • Flea and tick treatment
  • Vaccinations
  • Dental cleaning
  • X-rays

 The pet insurance plan offered at Rocket Companies® comes with additional benefits. Team members can visit any licensed veterinarian they want and have access to emergency boarding, lost pet advertising and a 24–hour vethelpline®.

How Does Pet Insurance Work?

Team members can get pet insurance for just about any pet, including dogs, cats, rabbits, birds, reptiles and other exotic pets.

To use insurance benefits, they simply need to file a claim. Once they pay their vet bill, they’ll send the claim for reimbursement by mail, email or mobile app.

Like many insurance policies, the pet insurance we offer does not cover preexisting conditions. Plans have a $250 annual deductible and $7,500 maximum benefit. That means you’ll need to pay $250 out of pocket and will be reimbursed up to $7,500 each year.

How Does Pet Insurance Help Team Members?

“For me, it buys peace of mind, and that alone is worth it,” says Katie Ziraldo, team member and pet parent to a 200–pound English Mastiff named Wally. “I’m able to rest easy knowing if the worst scenario happens, I will never be put in a position to choose between my financial wellness and my dog's health.”

Ziraldo has already seen the financial benefits of having pet insurance, too.

“So far we haven't had to use it for anything major,” says Ziraldo. “But Wally has sensitive skin and allergies, so we’ve been able to be reimbursed for some of his medications, which would’ve otherwise been too expensive due to his size.”

While pet insurance is helping offset current costs for Wally’s medication, Ziraldo knows it will be even more beneficial in the future, especially because of Wally’s breed and size. With a pet insurance plan in place, Ziraldo can have a financial safety net and, more importantly, provide the best life for Wally as he ages.

“He is extra–large, which unfortunately means he is at risk for certain health issues later in life, like arthritis and hip dysplasia. Because big dogs have a shorter life expectancy, we wanted to make sure we were doing absolutely everything in our power to help him have as long of a life as possible, which is why we decided to get the pet insurance.”

The pet insurance plan offered at Rocket Companies® is exclusive to our team members. It is not available to the general public. On top of that, team members also enjoy group preferred pricing, and the cost doesn’t change as the pet ages.

Making monthly payments is easy for our team members, too. The cost is simply deducted from their paycheck, post–tax.

Pretty Paw-Some Benefits

Optional pet insurance plans are just one of the many perks offered to Rocket Companies® team members and their families. To learn more about all of the ways we help our team members in every part of their lives, check out our benefits and perks page.

Lauren Nowacki

Lauren is a Content Editor specializing in personal finance and the mortgage industry. Her writing focuses on reporting the best places to live in the U.S. based on certain interests and lifestyles. She has a B.A. in Communications from Alma College and has worked as a writer and editor for various publications in Philadelphia, Chicago and Metro Detroit.