Is it Too Hard to Buy Travel Insurance if You Are over 65?
Travel insurance underwriters seem to consider that individuals who are senior citizens have a greater propensity to make a claim for medical care so the price of trip insurance can be more than double the premium of someone who is not a senior citizen.
There are nearly 10 million British peoplewho are older who, with no responsibilities, are travelling more than they ever did. There are lots of over 75s travelling too and this group is even more marginalised by big insurers.
Healthier way of living and medical advances entails that age should not be involved as the major risk factor it once was. There are a lot of people aged over 70 who are perfectly fit and healthy.
There are some other elements to debate when searching for low-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 nearer, but it also reduces the amount of paperwork involved as you only have to supply the information once, instead of several times.
Another means to keep costs down is to make sure that you don’t spend money on the annual travel insurance you will not claim. Try to buy a single trip travel insurance quote based exclusively upon your holiday requirements and personal circumstances rather than a universal policy.
Insurance Companies can reject to handle medical invoices abroad if the treatment is for a pre-existing medical condition. If you’re not asked about your medical chronicle, 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.