But before buying VIP pet insurance policy, research is necessary. One, you have to know about the payout limits, and whether that suits your pet or not. Second, look out for any kind of hidden costs. Third, you should know of any other conditions or terms that may not have been disclosed to you but might be their in the policy document. Last, check out for different plans available in the market and see which one is the most suitable for you. There is a huge variety of customizable VIP pet insurance policies available, so don’t compromise, but negotiate.