Travel insurance for the over 80s

Travel Insurance Over 80s News

TOP THREE WINTER DESTINATIONS FOR 2015

1. The dramatic St Arthur's Seat in the middle of Edinburgh together with great hotels help put Scotland at number seven on the tourists' wish list. It's ideal for a short city-break away near to home and particularly attractive to anyone looking for an affordable five-star breaks - ranging from a spa retreat to country house stay. visitscotland.com

2. Cobblestone streets, fantastic architecture and a wonderful castle make Prague, in the Czech Republic a great destination.The beautiful city is the hot destination for a stylish city break. prague-guide.co.uk

3. History and a cosmopolitan vibe are set to bring travellers to Berlin and Munich in 2015. Germany comes in at number nine on the holiday-makers hit list and Munich is the city that those looking for authentic German charm are signing up for.

MORE OLDER BRIST HOPING TO ESCAPE THE WINTER

More than a third of Brits (36%) plan to travel this winter to escape frigid temperatures, says a survey by the Travel Health Insurance Association of Canada.

Problem is, only 47% of respondents say they'll purchase travel insurance. Of that group, more than half (56%) are above the age of 55.

So, if your clients are planning a trip, make sure to have a conversation about insurance needs. If a client's reluctant to buy coverage, try highlighting real-life stories or examples that show why it's crucial.

One resource could be Dean Dispalatro's report on travel insurance in the May edition of Advisor's Edge.In his case study, he profiles a 55-year-old traveller who suffers from a ski injury after failing to buy insurance.

Ralph Lopez, 55, is a divorced, self-employed advertising consultant. He planned a ski trip to Park City, Utah with his children over March Break, and his advisor urged him to purchase travel insurance before departing. Ralph shrugged it off (he doesn't have disability insurance, either).

Both are mistakes. While hot-dogging a tough hill, he veered into a tree and suffered major injuries. Fortunately, his children are better skiiers. Since Ralph didn't have insurance, he owes a local hospital about $50,000, even after estimated reimbursements from his provincial plan (see "Claiming health expenses," below).

UK PENSIONERS KEENER THAN EVER FOR LONG HAUL DESTINATIONS

Age Concern also recently reported that consumer power among the older generation has seen a resurgence recently, with the "grey pound" now worth up to £100 billion annually.

With this in mind, a travel boom is expected as more mature people look to explore far flung destinations.

Age Concern Insurance Services provides cover for the over 60s, over 70s, over 75s and over 80s.

The time has come to enjoy your retirement to the full! So whether you want to go canoeing in France, elephant trekking in Thailand or bungee jumping in New Zealand, now is the time to book your dream holiday!