Travel Insurance Tips For Over 80s
By AdFeatures | Wednesday, October 03, 2012, 13:48
Moves to make travel insurance easier to access have been circulating in the insurance industry for a while now.
Responding to an increasing number of older travelers, all members of the Association of British Insurers have agreed to make it far simpler for over 80s to find and take out travel insurance. In order to do this, insurers now have to signpost cover for older people, pointing the customer to another insurer if they don’t provide the cover themselves. With this in mind, we’ve compiled a few top tips for taking out over 80 travel insurance.
Take The Time To Explore Options
Due to the increased risk of covering someone in their 80s, many insurers will not provide cover for this demographic. Consequently, you may think about travelling without insurance. However, this is definitely not the way to go, as if you do experience medical problems while away, you could find yourself financially ruined by high priced treatment. Instead, make sure you continue to shop around to try and find a provider that will cover you. Patience is the key in this process and will pay off in the long run.
At the age of 80, and quite often if you are looking for over 70 travel insurance too, you are far more likely to suffer from certain problems, such as a heart condition or cancer, that can make it difficult to find insurance. As a result of this, you may be tempted to omit certain details from your insurance information. This is something you definitely shouldn’t do, as not being completely honest and open with your insurer can, and usually will, invalidate your policy. Lying on your insurance forms is a false economy – you may benefit in the short run, but you’re incredibly likely to suffer in the end.
Think About Where You’re Going
Insurance costs will also depend on where you’re going. If you are travelling to dangerous areas, or countries with a less developed medical system, you may find that your insurance rates increase dramatically. As such, it’s important to think extensively about your destinations and the consequences of visiting them.
Minimise The Dangers
If you’re travelling somewhere that requires vaccinations or malaria medication, it is vital that you sort it out long before you depart. It’s also a good idea to take as many precautions as possible when it comes to your health. After all, it’s good to have travel insurance just in case, but even better if you don’t have to use it!