What is travel insurance for over 70s?
Travel insurance for over 70s is designed to give you peace of mind when you travel during your retirement. An over 70s travel insurance policy can include better coverage for any medical equipment you need to take with you, and can cover you in case you need to cancel a holiday for medical reasons.
Standard travel insurance policies may not protect you for any pre-existing medical condition claims, or they might require you to pay more for cover. Some insurance policies even have an upper age limit of 65, which means they won’t include you at all – but with over 70s travel insurance, you know you’ll be covered.
And if you’re going on a cruise, make sure your policy covers this type of holiday.
What does travel insurance for over 70s cover?
Travel insurance for over 70s helps to cover your health and medical needs.
With a more thorough screening process and questions about your health, the insurer may be able to provide a more accurate level of cover for pre-existing medical conditions, as well as extra benefits that don’t usually apply to people under 70. These might include:
- Medical expenses: taking out an over 70s travel insurance policy could give you more cover for medical treatment than you would normally get from a standard policy – as long as any pre-existing conditions you have are cleared by the insurer.
- Medical aids: any medical aids or equipment you need to take with you on holiday could be covered in case they get lost, stolen or damaged. This can include a wheelchair or a walking frame.
- Medication: over 70s travel insurance can sometimes also include extra cover for lost medication to do with a pre-existing condition you’ve declared.
- Waiting list: if you’re on a waiting list for a surgical procedure or test results, and you need to cancel your trip or cut it short, you may be able to find cover for this.
- No age limit: some insurers apply an upper age limit to their travel policies - often set around 65 - and sometimes the limit can vary depending on whether you choose single-trip or multi-trip cover. But with over 70s cover you won’t need to worry about this because the policy is specifically tailored to your age group.
- Travel companions: with some over 70s policies, you may also be able to take one or more travel companions or carers with you, and they’ll be covered under your policy. Insurers might say that they’ll only allow this though if the person or people travelling with you are essential company - in other words, you wouldn’t be able to travel without them.
Insurers can vary with the specific levels of cover they provide, so it’s important to look over the wording of your policy documents – this will help you understand exactly what you’ll be insured for, for peace of mind that you’ll be properly covered, should you need anything when you’re on holiday.
The most commonly declared illnesses people declare when searching for travel insurance with coverage for pre-existing conditions, according to MoneySuperMarket data - accurate as of July 2018.
How much does travel insurance for over 70s cost?
The average cost of pre-existing medical condition travel insurance is around £117.92 for over 70s.
The average cost of pre-existing medical condition travel insurance for over 71 year-olds is £117.92, according to MoneySuperMarket data - accurate as of July 2018.
What isn’t covered by over 70s travel insurance
While over 70s travel insurance can provide special benefits, the exclusions that apply are generally the same as for other age groups. But one area you may have to consider is how long you’re travelling for.
This is because some insurers might apply a limit on how long you can travel under the policy you take out if you’re over a certain age. Even if you take out over 70s insurance, this can sometimes still apply. The exact length of time can vary between insurers, and can also change depending on if you choose a single trip or multi trip policy.
Other common exclusions from over 70s travel insurance
Other exclusions that can apply to most travel insurance policies include:
- Leaving out any pre-existing medical conditions: if you leave out any pre-existing medical conditions when you take out travel insurance, you might not be covered for treatment or any other related costs if they flare up while you’re away.
- Leaving your belongings unattended: can result in you not being able to claim for them if they get damaged or lost.
- Taking part in risky activities: skiing, white-water rafting and other risky activities that result in you having to claim for medical treatment or lost or damaged possessions may void your policy if you didn’t tell your insurer you planned to do these things when taking out the policy.
- Behaving recklessly or dangerously: injuring yourself or losing something because of reckless or dangerous behaviour might mean you aren’t covered for any costs involved.
- Being under the influence of drugs or alcohol: having to claim for something that happens as a result of drugs or alcohol could cause your insurer to reject your claim. Some insurers can differ on the limit they set for alcohol consumption, from a certain number of units to not paying out if you’ve had any alcohol at all. They may make allowances for prescription medication but you’ll need to have a proper read of their policy wording to make sure.
While these may be common, you should always double-check the list of exclusions provided by your insurer to make sure you don’t do anything that could prevent you from successfully making a claim.
When should you buy travel insurance for over 70s?
It’s always a good idea to buy your travel insurance deal as early as possible – in case you have to cancel your holiday before you leave. Having a good policy in place could mean you’ll be able to claim compensation for money you lose on travel and accommodation. Possible reasons for cancellation that may be covered by your policy include:
- Illness or injury that prevents you from travelling
- Bereavement of a family member
Where can you go with over 70s travel insurance?
If you’re over 70 you might find you have more time to travel, which means you’re able to visit more places and stay away for longer. This could make buying an annual multi-trip policy more worthwhile if you plan on taking more than one or two holidays in a year.
But you should keep your destination in mind – if you’re only travelling in Europe, you’ll be best suited to a policy that only covers Europe, while a worldwide policy would be better if you plan on visiting Asia or the Americas.
The average cost of travel insurance with cover for pre-existing medical conditions by destination, according to MoneySuperMarket data - accurate as of July 2018.
Things to keep in mind
When you compare quotes for over 70s travel insurance, there are a few things to keep in mind to make sure you get the best deal you can. For example:
- Upper age limit: when you take out insurance, it’s good to make sure the policy doesn’t exclude people above a certain age. For example, if the over 70s policy only includes people aged 70 - 79, you may find it won’t apply to you if you’re in your 80s or 90s.
- Minimum medical cover: it can also be important to make sure you have the right minimum level of medical cover, as medical costs can vary between different countries and continents, and in some places, it can be quite high.
- Medical belongings: if you know or think you may require medical equipment, you should make sure it’s covered in the policy you take out as some equipment can be difficult and expensive to replace. This is also true if you require regular medication like insulin, as misplacing these items can cause a lot of stress if you aren’t able to find alternatives. While some over 70s travel insurance policies include coverage for this, it’s not always guaranteed - so it’s worth making sure.
- Customer support: when you’re on holiday and you need to report a medical issue or stolen property, you’ll generally need to tell your insurer as soon as possible. If your insurer has a customer support line, this can help to move your claim along so you get any compensation or replacements in time – it’s a good idea to keep their contact details handy, should you ever need to claim.
- Travel companions: if you’re travelling with other people, it’s worth checking if they can be included as travel companions on your policy. Some over 70s travel insurance deals include cover for travel companions as part of the package, so they may not need to take out their own insurance, which can potentially help save money.
Compare over 70s travel insurance
Comparing over 70s travel insurance is simple – all you need to do is answer some questions about yourself and your holiday plans, and you’ll be able to review different policies in no time. When you compare quotes on MoneySuperMarket, it’s always good to check on the key details to make sure you’re getting what you want from your policy.
For example, it’s worth checking the amount of cover insurers provide for medical treatment, cancellation fees, and baggage, as well as the maximum excess they require if you make a claim. It’s also important to keep an eye on any exclusions or conditions mentioned in the policy documents, as these can vary between insurers – this way, you’ll be able to find the right deal at the best price.
It’s always good to keep in mind that the cheapest deal isn’t always the best, as it might not provide the right level of coverage for your holiday and it may also require higher excess payments to make a claim. It’s always worth checking exactly what you need and finding a policy that covers it all, so you can avoid any nasty surprises while you’re away.