Is it Too Hard to Find Travel Insurance if You Are a Senior?
Travel insurers seem to think that people who are seniors have a greater propensity to make a claim for medical aid so the price of holiday insurance can be more than double the premium of someone younger than 65.
There are nearly 10 million people living in the UKwho are older who, with no responsibilities, are travelling like they never did before. There are a lot of over 75s taking holidays too and this group is even more neglected by major insurance companies.
Better lifestyle and medical improvements implies that age should not be viewed as the major risk factor it once was. There are a lot of senior citizens who are perfectly fit and healthy.
There are some other elements to look at when looking for bargain-priced over 65 travel insurance. If you plan to travel abroad more than once a year, it could be more interesting to buy multitrip or annual travel insurance policy rather than single trip cover. Not only is it often cheaper, but it also shrinks the amount of paperwork involved as you only have to supply the information once, instead of several times.
Another means to cut costs is to ensure that you don’t pay for the annual travel insurance you will not claim. Try to have a travel insurance quote based only upon your travel needs and personal circumstances rather than a one size fits all policy.
Insurers can refuse to handle medical costs abroad if the treatment is for a pre-existing medical condition. If you’re not asked about your medical story, so make sure you tell the insurer when you buy the policy, however irrelevant it may seem. Some insurers will cover you but may charge an extra premium or make certain exclusions.
