Source checked 12 November 2026. PawLine editorial team. Not professionally reviewed.
Setup versus recurring
Setup means the costs you expect when the dog arrives. Recurring means costs that continue, whether paid monthly or at another interval. An item can move from setup to occasional replacement later; record the new occasion rather than charging the original purchase again.
Premium, deductible and exclusions
A premium is the price of an insurance policy. A deductible or excess is an amount you may need to pay under its terms. Exclusions are conditions or services the policy does not cover. Ask the insurer about the actual wording, limits and reimbursement process; this glossary does not interpret your contract.
Reserve versus spending
A reserve contribution is money you set aside, not a care bill already paid. It affects cash allocation but should remain separate from planned spending. A monthly equivalent divides a longer-period cost for comparison and does not change when payment is due. Unknown is a missing input, not the number zero.