You may wish to do some international traveling during your golden years, but you may find yourself being charged ludicrous amounts for travel insurance due to your age. Here we offer you some advice on getting the best travel insurance policies as a senior citizen!
What coverage do senior travelers require?
You need to review your health before you purchase medical travel insurance, as you’ll definitely be asked about it. You also need to take into account any strenuous activities you may be undertaking during your time abroad, as well as the amount of time you will be away for. The costs for senior travel insurance will vary from country to country and provider to provider, so be sure to shop around. Generally speaking, your Medicare or other US-based health plans will not have any power abroad, so be sure to take this into account.
What are the travel insurance requirements for those who are 65 or older?
If you are 65 or older, your senior travel insurance plan should include emergency evacuations, repatriation of remains, hospital room and board expenses, ambulance service expenses, trip interruption or delays costs, loss of luggage or personal effects cover, and accidental death coverage. Many of these things are required for regular travel insurance too, but seniors have some additional risks that need to be taken into consideration due to their age and potential health problems.
Finding the right travel insurance plan for seniors
The majority of travel insurance providers will provide basic plans for seniors, with some also covering them under their normal plans. Age is a significant factor in calculating premiums, so be sure to check which age bracket you fall into for a particular company.
You’ll also need to ensure that your travel insurance covers the country(s) you’ll be traveling to, and be sure to keep in mind that some travel insurance providers offer higher deductibles or reduced maximums too. The 3 main types of travel insurance are emergency medical coverage, trip cancellation insurance, and 24-hour telephone assistance – be sure to assess which aspects you require the most.
As with buying regular travel insurance, it can be very useful to use an online comparison site in order to assess the different plans available to you. This allows you to weigh up the pros and cons of each plan, taking the costs and fees into account.
Recommendations for Senior Travel Insurance
From experience, we can immediately recommend Atlas Travel Medical and GlobeHopper Senior. These companies offer excellent customer service to seniors, as well as benefits which some other plans lack.
Atlas Travel Medical, for example, has maximum benefit sums of $1,000,000 up to age 70, $50,000-$100,000 up to age 80, and $10,000 for those who are 80 or over.
GlobeHopper Senior is set apart by its superior benefits, such as non-emergency medical evacuations, felonious battery benefits, and inter-facility transportation arrangements.
Whatever insurance provider you choose to go with, it’s important to choose senior travel insurance which protects you while you’re abroad. For more advice on the topic, get in touch with a member of our team today.