| Recent research has shown that the average 65 | | | | claimant wide open when this is discovered at a later |
| year old will face a huge premium rise when they | | | | date. Thus, this pushes the prices of the average 65 |
| reach 66. Worse still, once over the age of 70 a | | | | and over policy continuously up, making it harder and |
| similar leap in price can be expected according to | | | | harder to find cheap travel insurance. |
| Insurance companies express the shared opinion that | | | | This can be particularly relevant as certain companies |
| this is due to pre-existing health problems being an | | | | offer "one size fit's all" type policies with a standard |
| important factor. | | | | price and coverage. |
| Because of this, it is becoming increasingly difficult for | | | | To conclude, I would say it is important when |
| those belonging to the over 65's age group to find a | | | | applying for holiday insurance to be as honest as |
| cheap policy. This can be seen to be due to the fact | | | | possible and give all relevant information to the |
| that, like any insurance policy, it is a matter of risk | | | | company. Specify any existing health problems so |
| assessment. Physically a person of this age is more | | | | they do not create a loop hole at a later date and |
| likely to have a health condition or develop one during | | | | notify the policy issuer of any changes during the life |
| the length of cover and so a higher policy price is | | | | of the policy. Avoid purchasing a package in a retail |
| inversely created. | | | | environment that is not generally tailored to travel |
| An increasing problem seen in relation to this is the | | | | and may not be able to supply the help and advice |
| ability of some travel insurance brokers to supply | | | | you may need. |
| policies without gathering enough relevant information. | | | | A good deal can still be had, but a little more time |
| This can allow pre-existing health factors to be | | | | and effort may be required to find it. |
| overlooked on drawing up the policy and leave a | | | | |