What affects the cost of holiday insurance for over 65s?
The price of your policy will vary depending on:
Where you’re travelling to
If you’re travelling to the USA or Australia, you’re over 65s travel insurance policy will cost more than if you’re travelling to Europe due to the difference in medical treatment costs.
If you have any pre-existing medical conditions, you’ll probably end up paying more for your policy. It’s important to declare any medical conditions when getting a quote and if you fail to do so, you run the risk of invalidating your policy and being unable to make a claim.
How long you’re going away for
The longer older travellers are away, the higher the risk that something might go wrong. Some providers put a limit on the length of time you’ll be covered for so make sure your policy covers you for as long as you’re on holiday.