Travel Insurance Blog
Wednesday, May 16, 2012
- 02
Apr
2010 -
Older and Wiser: Finding Affordable Senior Travel Insurance
Filed Under: Blogging
The Pyramids of Gaza and the Great Wall of China—perhaps places that are on many peoples’ to-visit lists. Retirement, they might wish, will bring them closer to reality. When researching tickets and travel insurance, though, seniors are sometimes in for a shock. Affordable international travel insurance is not that easy to come by!
While it is not easy to look for and find good, dependable travel insurance for seniors at cheap prices, it is not impossible. One of the tricks to it is to research and compare prices. Don’t go with the first plan suggested.
Remember that Medicare covers overseas travel under specialized conditions. While it is unlikely that it will cover your recreational trip to Egypt, it doesn’t hurt to ask. Also remember that all this research and asking around will take some time, and it is best to start looking for insurance early.
Also, consider your health and look for appropriate insurance benefits. While many plans restrict the maximum benefit to $50,000, remember that the dollar goes a long way in many parts of the world, and that coverage may be more than enough. Finally, always read the fine print of the plan, and if possible, have a paper trail of communication with the insurance company.
Travel tip:: If you’re a senior traveling abroad, you may want to think about the benefits you need. You may not need hazardous sports insurance, for example.