Older travellers warned of insurance increase

Older travellers warned of insurance increase

Insurance providers have been criticised for putting a 109% premium on travellers aged 66 and above. Despite an increase in adventure holiday bookings for the grey market, research from moneysupermarket.com has revealed that guests travelling to Europe see a 109% increase in insurance costs once they hit 66. This is upped another 24% when they turn 70. There was also a 102% increase for worldwide travel coverage. “For older travellers, who may have paid off their mortgage and have cash in the bank to rely on for their travels, it is a kick in the teeth to face such a stark price hike,” said moneyspuermarket.com Travel Expert Bob Atkinson. He urged insurers to change their ‘broad brush attitude’ towards older travellers and adjust their policies to the actual risk posed. 

Gary Marshall
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Gary Marshall
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