The excess is the part of the cost of the claim that you have to pay yourself each time you make a claim. Lassie offers different options for fixed and variable excess. The deductible you have chosen is shown in your policy.
Fixed and variable deductibles basically mean that you choose a fixed deductible that is deducted for veterinary visits. If the cost of the visit exceeds your deductible amount, you pay a percentage of the amount remaining after the fixed deductible is paid. The remaining amount is the reimbursement we pay out.
Example of deductible:
Let's say your veterinary visit costs SEK 12,000. You have a fixed deductible of SEK 1 500 and a variable deductible of 15%.
You pay: SEK 1 500 (fixed deductible) + SEK 1 575 (variable deductible calculated on SEK 10 500 (SEK 12 000 - SEK 1 500)) = SEK 3 075
Lassie reimburses the remaining amount: SEK 8 925
With a high deductible, Lassie pays out a smaller amount each time a claim is made, which means you get a lower insurance price with us. With a low deductible, Lassie pays out a larger amount for each claim, which means you get a higher insurance price with us. Choose the deductible that suits you and your situation.
Our deductible period is 365 days. You pay the fixed deductible only once per insurance year, regardless of the number of visits to the vet. You pay the variable deductible each time you make a claim.
Do you have more questions or concerns? Please contact us directly if you have any questions, concerns or would like help in choosing the right insurance for your needs. The quickest way to reach us is via the chat in our app and on our website.