Finding travel insurance for over 70 year olds can be a divisive issue. For many companies they consider risk increases with age, unfortunately ill health can mean that we are at greater risk of needing medical assistance whilst abroad.
This however does not mean that you still cannot get a good deal and save money on your holiday insurance costs. In fact there are insurance brokers and insurance companies that will provide cover for people up to the age of 99. In many cases getting the travel insurance from the travel agent whilst convenient will not usually get you the best deal.
There are many different factors that will affect the cost of travel insurance for over 70's. Your medical history may preclude you from travel or make it excessively expensive to get cover to travel.
Pre-existing conditions unfortunately make you a greater risk for the insurance company even though you may now be perfectly healthy. Many European destinations will provide NHS equivalent treatment, so do not forget to take your EHIC.
You should however consider the cost of any rescue and repatriation if you are holidaying in a more secluded location that may require air travel to get you to the nearest hospital. Generally the larger holiday resorts have an adequate medical facility.
The cost of any personal, accident or medical conditions that may arise is usually peoples main concern when choosing insurance for your holiday. You should also however consider cover for personal belongings, cancellations and even legal and liability cover.
Any cover that you are considering will undoubtedly have some level of excess payments. This can be as high as several hundred pounds, choosing the right policy for you can mean you getting the same level of cover without the high level of excess for the same price.
Whilst travel insurance for the over 70 traveller can be more expensive than a similar level of cover for a younger traveller you can still get a competitive deal. The cost of almost identical insurance policies can vary from provider to provider by about a third, sometimes more. Choosing the right cover will not only save you money but also ensure you have the right level of cover for your particular circumstances.
