There is something special about the current generation of retired people. They are the first generation to break the social mould and refuse to adhere to the preconceived notions that older people have been labelled with.
The retired and newly retired expect more out of life and see retirement as a time to enjoy the benefits of a long hard working lifestyle. More people 70 and over are looking to travel, not only to far flung destinations but to also visit relatives abroad, go on that dream cruise or even spend the winter months in Florida or warmer parts of Europe.
One of the unfortunate aspects of getting older is that many of us are not in as good a health as we used to be. You may have a pre-existing condition, be recovering from a serious long term illness. When you are older you are also more prone to accidents and illness.
Whilst this is something we all have to live with the insurance companies see this as a liability. This means that when we want to get travel insurance over 70 year olds are penalised in the form of higher premiums. Whilst this may seem unfair to us the insurance brokers are only assessing risk and unfortunately being very general about it.
You may be as fit as a fiddle and never had a serious illness in your life, if so you are one of the lucky ones but you will still be rated at a higher risk. This means you have to be more choosy when finding cover for your holiday.
The first thing you will need to consider is whether or not it will be worthwhile getting an annual multi trip policy. If you are going to travel regularly in any year it can be cheaper to get holiday insurance as an annual policy, this will cover you for an entire year of travel.
If you plan on making three or more trips over the next year then this type of cover will save you money. It is also more convenient as you will not have to go through the process of shopping around for a good value policy every time you are going abroad.
I mentioned good value rather than cheap as cheap is not always the best option. Cheaper policies often cut corners to get a lower price. There are two things to consider when looking for a good value insurance policy for your next holiday.
The first is what does the policy cover, many will cover several different things such as medical insurance, repatriation should you need to be flown home, the cost of rescue if you are in a remote region. Protection against loss and theft as well as personal liability and legal costs.
The second factor to consider is excess, this is the amount you will have to pay against any initial costs. The level of excess can be many hundreds of pounds so if you had a digital camera stolen it would not be worth claiming. Always consider the level of excess you are willing to accept.
Find out how you can get Travel Insurance Over 70’s that can save you time and money on your holiday insurance at http://www.travelinsuranceover70.me.uk/