In order to get the best travel insurance for seniors, it is a good idea to compare senior’s travel insurance plans online, which will help you determine the best one. Above table will assist you in this regard.
How to Buy the Best Travel Insurance for seniors: Things to Consider
Many of us fall into the trap of considering travel insurance as just another formality before travelling. However, it is unwise to do or think so. This might cause you to land in a situation wherein your senior citizen travel insurance cover falls short leading to distress, both financially and mentally. Thus, make sure you consider a number of factors while comparing travel plans for seniors before signing on the dotted line.
Destination
The risks you are exposed to vary, depending on the country/area you will be visiting. Thus, it is important to choose the right amount/type of coverage accordingly. For instance, a trip to Japan, which is prone to earthquakes, is going to cost you more as compared to say, Singapore.
Medical Insurance
As a general rule of the thumb, medical coverage is the most integral aspect of any travel insurance policy. This holds true, especially for senior citizens because of the amplified health related risk. Typically, the cost of medical expenses can rise significantly when you are abroad. Getting medical treatment in countries such as
US and Canada can prove to be a very costly affair. Hence, it is recommended that you choose an appropriate sum insured amount considering the destination you are travelling to.
Baggage and personal items cover
Typically, a
travel insurance policy covers loss of checked-in baggage at the airport. Make sure you check the policy wordings for the details as well as the exclusions. It also covers personal items up to pre-defined limits depending on the travel insurance company and the selected plan. Additionally, passport loss is covered too. If you lose your passport, the insurance company will bear the cost of issuing a new/duplicate passport.
Sports and Adventure activities
Due to high risk perception, adventure sports and related activities are not generally covered in a travel policy. Being a senior citizen the risk perception in such activities increases two-fold. That said if you plan to indulge in adventurous activities, with an add-on request you can avail such coverage, which would entail a rise in premium.
Flight cancellation cover
With this cover, you will get the cost of flight tickets refunded upon flight cancellation due to reasons such as bad weather. For a better understanding of the inclusions and exclusions, go through your
senior citizen travel insurance policy thoroughly.
Benefits
The number and the degree of benefits offered by a senior’s travel policy vary across companies. Thus make sure to compare travel insurance policies for seniors online to avail the best travel insurance plan for seniors that meet all your requirements.
Pre-existing diseases
If you are having a pre-existing medical condition such as diabetes or asthma, it is crucial to make sure you are covered against them. This will secure you from the financial implications if your condition aggravates during the trip and are admitted to a hospital. However, make sure to check the travel insurance policy wording for exclusions to pre-existing diseases.
With the above pointers in place, you will be in better position to choose the best travel insurance for seniors for your next holiday. The basic idea is to ensure that you compare the senior citizen travel insurance plans and policies prudently, taking your travel needs and priorities into consideration.
