Recently came across someone who mentioned that Singapore's pet insurance is very minimal and it would be more practical to start a savings account for your pets. What do you think?

Starting a savings account for your pets could be a practical alternative. By saving money regularly, you can build up a fund to cover unexpected veterinary expenses that may not be fully covered by insurance. It's always good to have a financial plan in place to ensure the well-being of your pets.
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Still, before you make your decision, you can first take a look at the major exclusions for Pet insurance in SG, and compare the different plans available.