Travel Insurance Few Bargains For The Over 65 S

Travel Insurance Few Bargains For The Over 65 S



Travel Insurance few bargains for the​ over 65s
At last youve retired. Its now time to​ relax and experience a​ slower pace of​ life. Even enjoy spot of​ gardening. But not all of​ todays modern over 65s have heard the​ message! Retirement is​ taking a​ new twist.
Less of​ the​ slower pace of​ life and substitute jetting around the​ world! International travel for the​ retired is​ here and booming!
Its all the​ result of​ a​ increased sense of​ adventure and willingness to​ experiment,​ combined with more money in​ the​ pocket. Cheaper air tickets have also helped! Even cruises,​ once the​ territory of​ the​ seriously rich and famous,​ have become affordable. An escape to​ Antigua and a​ fortnight in​ the​ Canaries or​ a​ weekend in​ Stockholm are now firmly on​ the​ over 65s travelling schedule.
Then a​ fly sticks in​ the​ ointment. Finding economical travel insurance when youre over 65 is​ not easy. Insurance companies recognise that people have healthier lives and are living longer,​ and in​ recognition the​ insurers are offering far more products for the​ older market. But with travel insurance,​ the​ over 65s are still faced with exorbitant premiums.
Premiums rocket as​ you​ get older and if​ youre looking for an annual policy for an extended holiday or​ a​ series of​ holidays,​ the​ problem becomes finding a​ policy at​ all rather than simply finding the​ cheapest price.
The dilemma revolves around the​ costs of​ medical claims experienced by the​ insurers. Over 65s are much more liable to​ make a​ medical claim and the​ claim size is​ well above average too. Against this,​ older travellers reportedly lose less luggage but these savings are counterbalanced by the​ fact their belongings are liable to​ be worth more.
The result is​ that even if​ you​ are fit,​ the​ lowest priced annual policy for the​ over 65s could cost £1,​000 per person that could be more than the​ cost of​ the​ holiday itself. Faced with these charges,​ the​ solution is​ to​ buy a​ separate policy for each trip. But even with a​ good medical history,​ the​ cost of​ insuring a​ 3week holiday in​ the​ South of​ France starts around £65,​ and rises enormously for destinations in​ America and further afield.
Whats the​ solution? Youre recommended to​ shop around. Your travel agent may offer a​ quotation but dont snap his hand off until youve got competitive prices. Youll almost certainly find a​ much cheaper alternative through surfing the​ Internet and buying online.
But dont make your final decision simply on​ the​ basis of​ cost. Always examine the​ small print. Some travel policies will insure you​ for up to​ 21 days,​ others up to​ 31 days or​ 45 days. Some policies will only cover you​ if​ youre staying in​ booked accommodation rather than staying with friends or​ relatives. No good for visiting family in​ New South Wales! Then you​ need to​ ensure that youve got adequate cover for medical and hospital expenses and dont spare the​ horses think of​ a​ high figure and triple it! Youll be amazed how expensive quality medical attention can be whilst youre abroad. Incidentally,​ its important that your insurer will fly you​ home to​ the​ UK if​ your medical condition demands. And dont overlook comparing the​ excesses you​ have to​ pay per claim. Finally,​ check that the​ policy pays medical costs direct to​ the​ hospital rather than you​ paying first and having to​ reclaim.
And now comes the​ really good bit jet off and ENJOY yourself!




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