How to Get Long-Term Travel Insurance Over 65
So you’re over 65 and dreaming of an extended adventure? You’re not alone! Rik’s experience in finding travel insurance for his six-month trip is enlightening. Rik celebrates his 70th birthday during the trip. His adventure to South and North America is with his partner, Gil, who is in her early 50s.
The Challenge:
Finding long-term travel insurance for people over 65 can be tricky. Insurance companies often limit coverage duration and increase premiums for older travellers. In particular, existing health conditions will increase the cost.
You can watch Rik and Gil discuss getting long-term travel insurance for the over 65's here.
Tips for getting affordable long-term travel insurance:
- Be specific about your itinerary: The more countries you visit, the more expensive your insurance will be. Rik and Gil had to cut out Central America from their original plans to reduce the cost.
- Shop around and compare prices: Don’t just rely on comparison sites. Talk to a travel insurance specialist or independent broker who can help you find the best deals. Rik also recommends getting quotes from multiple companies, including contacting companies directly. After several false starts Rik found Staysure to have good customer service. Along with a decent policy at a reasonable price.
- Consider excluding certain countries: If you’re flexible with your itinerary, consider excluding expensive regions like the US, Canada, and Mexico from your coverage. This will reduce your premium costs. But visiting these countries is an integral part of Rik and Gil’s trip, so they included them in their policy.
- Tailor your coverage: Be honest about your activities and health conditions when applying for insurance. This will help you get the most accurate quote and avoid any coverage gaps. Higher travel insurance is a sad fact of life as you get older. And its also something you need to have in place because you’re older. But do remember to shop around.
The outcome:
By following these tips, Rik was able to find travel insurance for both himself and Gil for their 184-day trip for £1,495 from Staysure. This was much lower than the initial quotes he received. These were around £3,500 for Rik alone via the comparison sites. Neither Rik nor Gil had any serious medical history.
In conclusion:
Planning an extended trip over 65 requires careful planning, especially your travel insurance. By following these tips, you can find affordable coverage for your dream adventure.
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