Considering taking out travel insurance? Well here are a few tips to avoid the pit falls travel insurers have set for you. If unknown, you could be paying up to twice the amount you planned. With offers for around ten pounds for one way insurance, you need to be extra careful to avoid these pitfalls, or it could cost you a hell of a lot more.

Are you over 65 or nearing 65? Well travel insurance is probably going to cost you more, as reported by Damian Clarkson of Everyinvestor, who has revealed an astonishing revelation of age discrimination for the over 65’s. You are most likely to pay more than double the premium compared to someone younger.

When asked by the Association of British Insurers to comment on the age factor, their communications manager argued that it was more likely for someone over the age of 65 to make a claim, compared to younger people, and also the amount of claim is normally three times that of an average claim.

From an online survey carried out, it was determined for young couples to travel within Europe it would only cost them £36.68 compared to someone aged 65 or over, who would be paying a staggering £73.37 premium charge for the same insurance. If you are planning to get older than 70, guess what, it doubles again, and it would be much harder for to have your claim processed.

Now a lot of insurers refuse to provide cover for the 65 plus. However, there a few insurers who are still willing to provide cover, and are not a great deal more expensive than the younger sector. Insure and Go, are comparatively the cheapest in the 65+ range.

So before you do consider buying travel insurance and you are over 60, do your homework and shop around, it could save you a lot of money.

Written by guest
Writer Aadrish