Travelling excites everyone, regardless of age. Many mature people are embarking on overseas and domestic tours after retirement when they are free from obligations. Considering the different risk factors that govern senior citizens, it becomes mandatory to purchase Travel Insurance for Senior Citizens.
Understanding the uncertainties that can occur during traveling, insurance companies have come up with specialized policies for senior citizens to fulfill their every requirement during the trip. Such insurance plans also make them more self-reliant allowing them to enjoy the trip without stress.
Travel Insurance provides services to help senior citizens to face travel-related emergencies. The cost of medical treatment abroad is also tooexpensive. So, it is always a good idea to get travel insurance before starting a trip to avoid financial losses & stresses.
Senior citizen travel insurance offers cashless hospitalization and, if required covers the evacuation cost. It acts as a safety net for senior citizens against mishaps like loss of checked-in baggage or passport, flight cancellation or interruption, personal liabilities, and cover in a financial emergency.
Many insurance companies offer medical concierge services for senior citizens. It also offers cover against exigencies like emergency evacuation, pre-existing illness, accidents, theft, and delay of baggage or legal support during financial losses. There are many plans out there for elderlies that don’t ask for a medical checkup before buying the insurance plan.
Given below are a few pointers to help you compare & shortlist the best travel insurance plans for senior citizens.
- Pre-existing Medical Conditions
Many travel insurance companies offer limited coverage for pre-existing medical conditions. If you are 65 years old senior citizen suffering from a chronic medical existing condition such as Diabetes, Cardiac disease, Arthritis, high BP, etc. go for a travel insurance plan offering coverage for pre-existing medical conditions.
- Sum Assured
Medical treatments are usually very expensive abroad and senior citizens are prone to illness more likely than others therefore, senior citizens must always select travel insurance plans with higher sum assured. This “sum assured” depends mostly you’re your budget & health conditions.
- Plan Premium Costs
Travel insurance cost depends upon the travel destination, age of insured, coverage amount & the additional benefits it offers. While opting for a travel insurance plan, a low insurance premium shouldn’t be the only factor in making the decision. Compare travel insurance based on what coverage you need and what features are available for the most affordable insurance plan.
- Trip Cancellation and Curtailment
Senior citizens’ travel insurance offer help for financial losses that can occur in case of delay of flight, cancellation or curtailment of the trip in emergencies. Opt for insurance plans that cover Trip Delays, coverage for loss of passport or important documents, flight cancellations and curtailment of the trip.
- Other Benefits
Cashless Claims & Hospitalization, Overseas medical assistance, Easy claim process, Automatic policy renewal & online policy extensions are additional benefits offered by travel insurance companies. These benefits save you from a lot of hassle & discomfort during the trip.
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