Travel can be a risky venture for those over 65, over 70, and even over 75, because they are slightly more fragile than your average healthy 20-year-old. Seniors with medical conditions – and even those with no health conditions – need the right senior travel insurance coverage to protect them from financial losses.
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What are the risks for travelers over 65?
What coverage do you need as a senior?
When should you buy your senior travel insurance?
Where should you buy your senior travel insurance?
How can you be sure the travel insurance coverage is adequate?
What are the best travel insurance plans for senior travelers?
Some of the things that can go wrong for senior travelers include the following:
Yes, you absolutely can! 75 is the new 55, haven’t you heard?
Travel at any age is more enjoyable when you know there’s a solid safety net in place in case anything goes wrong. Whether you’re planning a short visit to see old friends or new grandkids, you can buy travel insurance to protect yourself and your trip investment at any age.
If you’re planning a lot of trips domestic and/or abroad, purchasing an annual travel insurance plan can extend the same benefits all year long. The flexibility and security of an annual plan is that you only have to make the purchase decisions once and you’ll save some money too.
While the following is not an exhaustive list of all the coverages available with travel insurance plans, it describes those that are most useful to senior travelers.
Whether you’re cruiser or a museumgoer, the freedom to travel is one of the best things reaching this age group. You have the schedule flexibility and time to do it all, and it’s just not worth risking your financial status or your life to travel uninsured – especially if you’re traveling internationally.
Don’t assume that travel insurance is out of reach at any age. You can find affordable travel insurance as a senior at 70 and 80!
It’s the reality of things, unfortunately. Just as with any type of insurance, the price is calculated based on risk. Because senior travelers, as a group (not individually), are at a higher risk of having health issues, the cost of travel insurance rises with age.
But don’t be discouraged!
It is possible to find affordable travel insurance as a senior traveler.
Even if you’re an experienced traveler and in excellent shape, you never know what can happen. Travel insurance, like all other insurance plans, is designed to protect you from the unexpected. The events that can happen that no one could predict. It’s not just about your health either. With a good travel insurance plan, you’re protected from things that can happen that are entirely unrelated to your health, like tornadoes and terrorist attacks, for example.
The important thing to remember when buying travel insurance at any age is to assess your risk. Don’t think that travel insurance is out of your reach. Here’s how to buy travel insurance if you’re over 65:
See how much travel medical and evacuation is enough to determine what coverage you need.
Timing your travel insurance purchase is just as important as why you purchase it.
Remember that all travel insurance companies offer a free look period with a refund if you decide the plan is not what you need.
We recommend purchasing your travel insurance directly from a third-party company for a number of reasons.
Very briefly, you’ll have more choices and options in your travel insurance plan if you purchase from a third-party company using a comparison tool.
These tips will help you determine whether you have enough coverage.
Damian Tysdal is the founder of CoverTrip, and is a licensed agent for travel insurance (MA 1883287). He believes travel insurance should be easier to understand, and started the first travel insurance blog in 2006.