If an unforeseen event disrupts your travel plans, you’ll likely lose the money you’ve spent on nonrefundable travel purchases. In such a situation, travel insurance can cover the resulting losses, ensuring you do not lose your money. It’s worth noting that some insurers offer travel insurance specifically designed for senior citizens. Here is detailed information on this topic.
Travel Insurance for Those Aged 65 and Above
Travelling can be risky for those over 65 as they have comparatively more fragile health than an average 20-year-old. Even if you are a senior with no known medical condition, carrying adequate travel insurance coverage can protect you from unforeseen financial losses. A few instances where senior travel insurance may save your day include:
- Your luggage containing daily medications gets stolen
- You travel to a region with inadequate medical facilities, face a sudden medical emergency, and need to be evacuated
- Your tour gets canceled, and the travel agency is unable to refund the ticket costs
- A pre-existing medical condition recurs while you are traveling
Use Your Travel Provider’s Insurance Plan
For certain kinds of trips, say vacationing at a resort on a hurricane-prone Caribbean island, using your travel agency’s insurance plan can be ideal. Typically, you’re offered this coverage as an add-on as you make bookings for your trip, but you can also add it after reservation. Mostly, these kinds of policies are meant to cover cancellation or delay issues. You should go through the plan’s fine print to find out if trip interruption and medical transportation are included.
Tips for Choosing Travel Insurance for Seniors
Here are key steps you should take when selecting travel insurance:
- Compare Plans
Use aggregator websites to compare the various available insurance options. See what different insurers cover or don’t cover to choose a plan that suits your needs.
- Consider Existing Coverage
Evaluate your existing insurance coverage, whether it’s through a credit card provider or health insurance company. Your existing coverage may offer some of the benefits you require, saving you from spending on supplemental travel insurance.
- Read the Fine Print
Your final decision shouldn’t hinge on price alone because the cheapest travel insurance policy may be too restrictive to meet your needs, and the priciest policy may provide coverage you don’t need.
Travel in Peace with Donald Weiss!
Timing is key when it comes to buying travel insurance. The sooner you get yourself covered, the more benefits you can enjoy. Also, the rates tend to rise as you near departure, which is why you must buy travel insurance at the earliest. Although you may not actually need to make a claim, having this policy in place will let you travel with peace of mind, knowing that you are covered against potential losses- be it stolen luggage, a medical emergency, or a canceled flight.
For a travel insurance plan that will adequately protect you during your travel, contact our experts at Donald Weiss Insurance Services today. We will customize your policy according to your unique needs and budget, protecting you as you make memories in distant lands!
