Getting Travel Insurance Over 65

Published On March 27, 2016 | By Davin Jasoon | Travel

Insurance companies generally try to minimise their risk as much as possible. When you first approach an insurance company to check its travel insurance plans, the company generally asks a series of questions and requires particular documents before offering an insurance quote. Factors such as where you are going, the duration of your trip, your age, any underlying medical conditions and other issues are all considered before the insurance quote is provided. The answers you provide to these questions will all play a part in determining the premium charged by the company.

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Senior Couple With Snorkels Enjoying Beach Holiday

As you grow older, it might be difficult for you to find an affordable insurance policy. As mentioned, insurance companies try to mitigate risk as much as possible. In fact, many insurance companies have a policy of not providing insurance cover to people over the age of 55 or 60. What if you are over the age of 65 and wish to travel? Does that mean that you won’t be able to travel at all just because you have grown old? Getting travel insurance over 65 is not as difficult as it may seem at first. There are several companies that offer travel insurance exclusively to people over the ages of 65 years, but not more than 79 years. Here are a few things that you should consider when applying for an insurance policy.

Type of Cover

If you are over 65, your major concern is medical cover. People over the age of 65 have a higher chance of having underlying medical conditions. For instance, if you are a heart patient, the insurance cover will include costs of treatment, hospital admissions, and transportation from one place to another. In case you are headed to a country that doesn’t offer a decent standard of healthcare, the insurance policy may also cover the costs of moving you to another location altogether. The type of cover must be decided at the time of applying for the insurance policy. Be careful when doing your research in order to find affordable quotes.

Senior Couple With Snorkels Enjoying Beach Holiday

Single or Multi-Trip Insurance

Another factor that you need to consider when applying for an insurance policy is whether you want a single trip or a multi-trip insurance policy. Single trip insurance policies are great for people who only plan to take one trip out of the country. However, if you want to enjoy your retirement in full and wish to explore the globe, it would be generally advised that you apply for a multi-trip insurance policy. Multi-trip insurance policies are generally valid for the extent of a specific period of time, usually a year. On the other hand, single trip insurance policies generally run out after your trip comes to an end. These are just some of the factors that you should consider before applying for any insurance policy. Make sure that you compare providers before buying any insurance cover.

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