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 Latest Elderly Travel Insurance News
Over 75s Holidaymakers over the age of 80 are increasingly being refused travel insurance because most policies are imposing an upper age limit, according to Intune, the financial services arm of charity Help the Aged.
Its research examined 495 travel insurance policies, and found that 97 per cent imposed upper age limits, while a quarter did not provide cover for travellers aged over 65. More than 70 per cent would not cover those aged 75 or over, despite the fact that older travellers are jetsetting more than their younger counterparts. Intune's study shows the over-80s took more than 121,000 trips, lasting between three to six months, over the last year.
'We have found that older people holiday more widely than younger age groups, and for longer at a time,' says Stuart Castledine, Intune's managing director. 'Many people are electing to work until 70, leaving it even later in life to make the most of their retirement and leisure time through travel. But while the older generation flock to the sun or visit relatives abroad, insurance is getting harder to find.'
Customers over 85 are eight times more likely to make a claim than those aged under 35, while those over 65 are three times more likely. But Castledine says this shouldn't mean that older people should be discouraged from travelling. 'The over-80s traveller has particular requirements which may need accommodating,' he says, 'But they do not want a system which writes them off at a time when they should be enjoying life to the full.'
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