Is pet insurance in Australia worth it?

Is pet insurance in Australia worth it, yes it is worth it if you have dog or cat with potential large vet bills $2K to $10K for accidents and illnesses, as pet insurance $30 to $80 per month for dog $10K to $20K annual cover with 80% reimbursement covers surgery $3K, cancer $5K to $10K and ingestion $2K to $5K, paying for itself if one large claim $3K to $5K in 3 to 5 years. Pet insurance $30 to $80 per month for dog, $20 to $50 for cat, with $10K to $20K annual limit, 80% reimbursement and $100 to $500 excess, covers accidents and illnesses including broken leg $3K, cruciate $3K to $5K, cancer $5K to $10K, ingestion $2K to $5K, with waiting periods 2 days accidents, 14 to 30 days illnesses and 6 months cruciate. For example, dog breaks leg $3K, insurance $50 per month $600 per year pays $2,400 minus excess $100 = $2,300, you pay $700 plus $600 premium = $1,300 versus $3K without insurance, saving $1,700. Dog with cancer $8K, insurance pays $6,400 minus $100 = $6,300, you pay $1,700 plus $600 premium = $2,300 versus $8K saving $5,700. If dog healthy with only routine care $500 per year vaccinations and worming, not covered by pet insurance which covers accidents and illnesses only, then wellness plan $40 to $80 per month better for routine. So pet insurance worth it for $30 to $80 per month if you want protection against large unexpected bills $2K to $10K, paying for itself with one $3K to $5K claim in 3 to 5 years, but not worth it if you can afford $10K emergency fund and dog low risk.