Senior Travel Insurance | Travelex Insurance (2024)

Are you planning to spend your golden years traveling? Many people over 65 enjoy taking several trips a year to either see the world’s spectacular sights or simply to relax on a beautiful beach.

If this sounds like you, have youconsidered travel insurance? It’ll help provide important financial and personal protection many people need while traveling.

Advantages of Travel Insurance for Seniors

Senior Travel Insurance | Travelex Insurance (2)

Comprehensive Medical Protection

Senior Travel Insurance | Travelex Insurance (3)

Coverage for Pre-Existing Medical Conditions

Senior Travel Insurance | Travelex Insurance (4)

Coverage for All Ages

Why should I get travel insurance as a senior?

Anyone who is over 65 and likes to travel should consider protecting their trips with Travelex travel insurance. Travelex offers a wide range of travel insurance plans, benefits and upgrades that are ideal for those who want to spend their retirement traveling both domestically and abroad. With a travel insurance policy, you can receive coverage for unexpected events such as flight delays or cancellations, delayed baggage, missed connections, stolen or damaged valuables and baggage, and emergency medical expenses which can include injuries, sickness, evacuation, and repatriation of remains. Additionally, Travelex offers complimentary travel and medical assistance available at any time from anywhere. If you’re in a situation where you need medical advice or directions to the nearest hospital, you can call Travelex’s emergency assistance team for immediate help and support. This benefit is available on each of Travelex’s travel and flight insurance plans. With Travelex travel insurance for seniors, you can relax and enjoy your travels knowing you’re protected.

Which Travelex travel insurance plan is best for seniors?

Travelex’s unique plans provide numerous coverage options that aim to protect you - and your trip - in the best way possible. For seniors, the most extensive travel insurance plan offered by Travelex is Travel Select. This plan offers a wide range of benefits as well as the opportunity to add additional protection with optional upgrades. Travel Select provides coverage for emergency medical and dental expenses, trip cancellation, interruption and delay, baggage delay, missed connections, stolen or damaged valuables, emergency evacuations, and more. This plan also includes coverage for sporting equipment delays in case you happen to arrive at the golf course before your clubs do.The Travel Select plan also offers coverage for pre-existing medical conditions. This benefit is automatically applied if you purchase the plan within 15 days of your initial trip payment. With the Travel Select plan you also have the opportunity to add upgrades to increase your coverage. For instance, you can upgrade your policy to include Additional Medical Coverage. If you plan to travel domestically for only a short period of time and you’re looking for a more affordable plan, Travel Basic is another option available to you. This plan offers senior travelers essential coverage at a budget-friendly price. Additionally, Travelex offers highly-rated customer service and travel assistance. Customers find Travelex to be compassionate and efficient.If you do make a claim, you can rest assured knowing your claim will be dealt with both quickly and professionally.

Do I need travel insurance at my age?

There are numerous reasons travelers should consider buying travel insurance at any age. However, as you age, you, unfortunately, become more susceptible to injuries and illnesses while traveling. And because some of the most common reasons vacations are cut short is because of an injury or ailment, it’s important you’re protected. When you’re protected by travel insurance, you can avoid coming home from a vacation with enormous medical bills that could put a financial burden on your retirement. Travel insurance also provides coverage should you become the victim of a crime while you’re traveling. Unfortunately, older travelers are often targeted by pick-pocketers and petty crime offenders, especially in international locations. Travelex travel insurance helps protect you in the event your valuables - including medical documents and passports - are stolen or damaged.

Get a free, online travel insurance quote today

As Travelex does not have an age limit on any of its travel insurance plans, your decision for which travel insurance plan suits you best is based on the cost and level of coverage you require. If you plan to go on a quick trip within the United States and want a more budget-friendly option, Travel Basic and Travel America are great choices. Otherwise, longer trips and trips abroad are better covered by Travel Select. With this plan, you will receive higher benefit amounts for medical and dental expenses, emergency evacuation fees and costs associated with the repatriation of remains. You will also have access to multiple Travelex upgrades to help customize your travel insurance plan.

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Senior Travel Insurance | Travelex Insurance (2024)

FAQs

What is the best travel insurance company for seniors? ›

Top 9 Best Senior Travel Insurance Companies of 2024
  • Faye: Our top pick for seniors.
  • Travelex: Our pick for families.
  • Berkshire Hathaway Travel Protection: Our pick for luxury travelers.
  • Nationwide Travel Insurance: Our pick for cruise travel.
  • Generali Global Assistance: Our pick for emergency assistance.
Apr 16, 2024

Is travel insurance worth it for seniors? ›

Since seniors and retirees are more likely to face a medical emergency during a trip, most travel insurance plans for seniors include coverage for emergency medical expenses and emergency medical evacuation. Coverages vary among plans, as do limits, so make sure to compare options before you book a trip overseas.

How much medical travel insurance is enough? ›

How much travel medical insurance do you need? Squaremouth, a travel insurance comparison site, recommends buying at least $50,000 in emergency medical coverage for international travel. For travelers going on a cruise or to a remote destination, the site recommends at least $100,000 in coverage.

Is 100000 enough for travel insurance? ›

Every plan is different, but the coverage amounts and benefits may vary. Determine how much you really need. For example, SquareMouth recommends international travelers get around $50,000 in Emergency Medical coverage and $100,000 for cruises or travel to remote areas.

How many days before should you buy travel insurance? ›

Generally speaking, most travel insurance policies must be purchased at least 14 days prior to departure in order to be eligible for a full refund. If you purchase your policy after this time, you may still receive coverage but the cost and scope of coverage are likely to be much lower.

Is Allianz travel insurance good? ›

Allianz is a popular choice among business travelers due to its AllTrips Executive travel insurance policy with coverage for lost, stolen or damaged business equipment and rental car insurance. Earning 4.1 out of 5 stars, our expert reviewers think Allianz is a great choice for international travel insurance.

What are two disadvantages travel insurance? ›

Important: While travel insurance policies may be more comprehensive than credit card protections, it has limitations. They typically won't cover non-essential medical expenses, high-risk sports or activities, or pre-existing conditions — at least without paying for add-on coverage.

What does travel insurance not cover? ›

Most travel insurance policies won't pay out if you're negligent while under the influence of alcohol or drugs, and have an accident or have property stolen.

Which travel insurance is best at paying claims? ›

Best travel insurance of 2024
BEST TRAVEL INSURANCE COMPANYTOP-SCORING PLANOUR RATING
Travel Insured InternationalWorldwide Trip Protector5.0 stars
TravelSafeClassic4.5 stars
AegisGo Ready Choice4.5 stars
TravelexTravel Select4.0 stars
3 more rows

What percent of trip should travel insurance cost? ›

Travel insurance is not one-size-fits-all, so the price and conditions of a plan will vary. However, it may be useful to understand pricing guidelines to plan your travel insurance purchase. In general, you should expect a plan will cost anywhere from 4%-10% of your total pre-paid, nonrefundable trip cost.

Does travel insurance cover 100%? ›

If all conditions are met, most of the policies will reimburse you 50% to 75% of your trip costs, unless otherwise noted.

Is 250000 enough for medical travel insurance? ›

If traveling to a remote location or going on a cruise, Squaremouth recommends $250,000 in coverage. You can buy medical evacuation insurance coverage for up to $1 million, depending on the travel insurance plan you buy.

What is the best medical insurance for international travel? ›

Based on our comprehensive review, the companies offering the best travel medical insurance are Faye, IMG, Travelex, AIG Travel Guard and Allianz. Travel medical insurance is a specialized type of coverage that helps pay for medical bills and emergency evacuations if you're hurt or become sick while traveling.

How much travel insurance do I need for Europe? ›

Without this coverage, you are responsible for any medical expenses. The average cost of travel insurance is between 5% and 10% of the total price of your trip. This can be worth it for the medical benefits alone when traveling in Europe.

What happens if you have a medical emergency abroad? ›

Health Care Resources for Travelers

The nearest US embassy or consulate can help travelers locate medical services and notify your friends, family, or employer of an emergency. They are available for emergencies 24 hours a day, 7 days a week, overseas and in Washington, DC (888-407-4747 or 202-501-4444).

Can a 70 year old get travel insurance? ›

Travel insurance companies consider people older than 70 to be at high risk for illness and injury. Because of this, most senior travel insurance plans have restricted policy maximum options, reduced benefits and higher premiums.

Should I buy my own travel insurance? ›

If you would lose the money you paid for your flights, accommodations, rental car, or activities if you had to cancel or go home early, travel insurance that specifically includes trip cancellation and trip interruption is probably a good idea.

Who has the cheapest insurance for seniors? ›

The best auto insurance company for seniors is Geico because it has the cheapest premiums for senior drivers, according to WalletHub's analysis. Geico also earns high marks from WalletHub editors for its variety of coverage options, ease of use, and multitude of discounts.

Who is cheaper than travelers insurance? ›

Of the 10 largest car insurance companies, only Geico and USAA are cheaper than Travelers, on average.

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