Finding the right insurance to suit your individual needs can be a tricky task. This is especially the case when it comes to over 65 travel insurance.
The fact is that some travel insurance providers are unwilling to insure senior citizens. Their reluctance is based on their assumption that those aged over 65 are more prone to accidents and falling ill whilst on holiday, which is why travellers over 65 can find themselves having to pay as much as three times more than a younger person.
However, don’t despair. There are still plenty of insurers and policies to choose from that can offer you a great deal if you shop around and follow the 3 following tips:
1. Don’t buy insurance from a travel agent. Although your tour operator or travel agent may offer to arrange insurance for you, they themselves are not insurers. Another insurance company will actually provide the policy, which will probably not be the best for your needs, nor particularly competitively priced. A specialized travel insurance provider is better placed to offer you a better deal.
2. Cut out policy options you are unlikely to need. A lot of standard policies will incorporate cover for things you just will not need, so be sure to remove them. For instance, why pay for the privilege of being covered to bungee jump, scuba dive etc, if you have no intention (or stomach!) to do them?
3. Take out a single-trip policy. Unless you are planning to travel abroad a number of times during a year, you will usually find that a single-trip policy is better suited and better value for travelers aged over 65.
The Internet is a great resource for those looking for the best value over 65’s travel insurance. You will find a host of specialist travel insurance providers online that can offer you that piece of mind cover at a very reasonable price. Just take your time, and be sure to get a few quotes to compare.