The older you get, the more expensive your travel insurance will be.
This is mainly because those in older age groups are more likely to have a pre-existing medical condition or are more likely to claim for expensive medical treatment.
Some travel insurance policies also have upper age limits that you might not be eligible for.
The good news is policies for older travellers tend to provider higher levels of cover for things like medical treatment, so you can still get good value for money.
In 2018, the average single-trip policy premium price for a 26 to 34-year-old with medical conditions was £22.38. The same cover for a 61 to 70-year-old with medical conditions more than doubled, at £48.18
Here are a few things you’ll be covered for:
Loss, theft or damage to your medication or medical equipment
Mobility aid cover
24-hour medical emergency treatment
Loss, theft of or damage to your luggage and personal belongings
Trip cancellation, curtailment or delays
Not telling your insurer about pre-existing medical conditions means they could refuse to pay out if you become ill due to an existing condition and try to make a claim.
You should let your insurer know about any existing medical conditions you have. That includes chronic conditions like:
Every insurer has their own definition of a pre-existing condition. If you’re not sure just call the insurer and ask. It’s better to be honest and know what you’re covered for.
If you’re planning on two or more holidays a year, annual multi-trip cover sometimes works out cheaper than taking out a single-trip policy for each holiday.
Compare your options to find out if you could save.
You can get travel insurance for groups or families, so you can have your travelling companions insured on one policy.
If you, or anyone on the policy, have pre-existing medical conditions, this will push up the price of the cover. In which case, it might be cheaper to take out a separate policy.
Off on a cruise? You can get travel insurance for seniors that covers cruises, you just need to mention that you need cover for it.
You need to mention if you’re travelling for work because not all insurers will cover business trips.
Travel insurance often includes a list of adventurous activities as standard, like cycling or hot air ballooning.
For more extreme activities, you’ll probably have to pay a little extra to have them covered by your senior travel insurance.
The same applies to winter sports, like skiing or mountain trekking. Look out for upper age limit restrictions - some insurers have them.
You won’t need medical cover as the NHS will look after you, but travel insurance is still useful for trips to the UK.
Our partner, theidol.com’s, average premium prices for single-trip travel insurance for those with medical conditions, split by age group, from January to December 2018.