Finding the right insurance to suit your individual needs can be a tricky task. This is especially the case when it comes to over 65 travel insurance.
The fact is that some travel insurance providers are unwilling to insure senior citizens. Their reluctance is based on their assumption that those aged over 65 are more prone to accidents and falling ill whilst on holiday, which is why travellers over 65 can find themselves having to pay as much as three times more than a younger person.
However, don’t despair. There are still plenty of insurers and policies to choose from that can offer you a great deal if you shop around and follow the 3 following tips:
1. Don’t buy insurance from a travel agent. Although your tour operator or travel agent may offer to arrange insurance for you, they themselves are not insurers. Another insurance company will actually provide the policy, which will probably not be the best for your needs, nor particularly competitively priced. A specialized travel insurance provider is better placed to offer you a better deal.
2. Cut out policy options you are unlikely to need. A lot of standard policies will incorporate cover for things you just will not need, so be sure to remove them. For instance, why pay for the privilege of being covered to bungee jump, scuba dive etc, if you have no intention (or stomach!) to do them?
3. Take out a single-trip policy. Unless you are planning to travel abroad a number of times during a year, you will usually find that a single-trip policy is better suited and better value for travelers aged over 65.
The Internet is a great resource for those looking for the best value over 65’s travel insurance. You will find a host of specialist travel insurance providers online that can offer you that piece of mind cover at a very reasonable price. Just take your time, and be sure to get a few quotes to compare.
By: Pat Hunter
Posts Tagged ‘Trip Policy’
Annual Multi Trip Travel Insurance For Avid Travelers
October 3rd, 2009
Annual multi trip travel insurance policies are a cost effective option for those who are considering travel coverage. These policies are feasible for those who plan to travel frequently during the course of the year and each stay is a long one. The maximum duration of each stay can be sixty days.
You can get both individual and family coverage under annual multi trip travel insurance policy. The family policy will cover two adults and all children below eighteen years of age.
An annual policy offers you extensive coverage, which includes up to ten thousand dollars for medical and repatriation and other benefits like vacation abandonment, catastrophe, personal effects, hospital benefit, personal accident hijack and baggage, cancellation and curtailment, personal liability, personal money, missed departure, travel delay and legal expenses.
Travel has become a necessity for almost everyone. Reasons can be different though; some need to travel for work while others travel to run away from their routine. It therefore has become very important for all travel insurance companies to provide all travelers with good insurance coverage. This is the case with annual multi trip travel insurance providers. They need to provide customized and affordable insurance policies to frequent travelers.
If you plan to make frequent trips in the coming year, then it is advisable to purchase multi trip travel insurance coverage rather than a single trip insurance policy. The cost of single trip insurance coverage would cost much more than a multi trip policy. Annual insurance packages provide better coverage at an affordable price. However, before going out and getting multi trip insurance coverage, you first need to figure out your travel plans and then get a customized policy.
At the very least, getting an annual multi trip travel insurance policy makes sense when you plan to travel more than once a year. This ensures that you can save your money and spend it for the right reasons rather than buying insurance for each of your trips.
Annual insurance plans ensure that you get coverage for each and every trip you make during a year, including both short duration as well as long duration trips with stopovers. You can be rest assured that all eventualities that happen while you are traveling will be taken care of by the annual insurance policy that you have purchased.
Buying the right insurance policy for travel purposes is very important as it can be the deciding factor in making your trip a pleasant one. For frequent travelers, multi trip travel insurance can be an unbeatable option when we talk of insurance plans pertaining to travel.
By: Albertina Belmont
