Over 65 Travel Insurance

As the retired portion of society continues to rise, it’s not surprising that many of us like to spend our golden years on holiday.

However, whilst over-65s can easily find affordable holiday packages, they can sometimes struggle to find adequate travel insurance.

Travel insurance providers will often charge more for travellers over the age of 65 as they are considered a higher risk, due to the fact they are statistically more likely to suffer an injury or an underlying medical condition that requires claiming on a policy.

Some insurers even refuse to insure you if you are over the age of 65 or it comes with such a high premium that it makes the policy unaffordable. On top of this, once you turn 80, the price goes up again, or the cover will be entirely withdrawn.

If this makes travel insurance sound like too much effort, you should persevere. The Foreign & Commonwealth Office detailed a case where an elderly couple were hit with a £100,000 when they needed treatment for an infection in America. There aren’t many pensioners who could afford to foot that kind of bill!

But never fear; there are insurers out there who are happy to provide cover to over-65s. If you’re struggling to find a travel insurance policy, you can turn to us for assistance in finding the perfect over-65s travel insurance.

When shopping around, you should look out for the following problems that can arise:

Firstly, you should switch from buying annual travel insurance to cover per trip. With the majority of insurers, you will be saving money by only buying for the trips you're definitely going on.

It is also vital that you declare all of your medical conditions when buying the policy. Should you need to make a claim you might find it is rejected should you not have declared a previous condition.

If you’re planning on going on holiday with a group of people who are under the age of 65, it might be a good idea to buy your policy separately from everyone else. This is because your age will push the cost of the policy up.

It is also worth bearing in mind that specialist holidays, such as cruises, aren’t generally covered by a standard travel insurance policy – no matter your age.

Whilst travel insurance might be a little pricier and more difficult to purchase, it is well worth it. The last thing you want is to be out of pocket for a cancelled holiday or an illness whilst away. If you are struggling to find the right travel insurance policy get in touch with Forum Insurance today.