Friday, November 22, 2024

Best travel insurance for over 65s 2024 – Which?

Must read

Why does age matter?

Unfortunately, travel insurance prices can rocket as you age because, according to the insurance industry, you are statistically more likely to make higher cost claims.

And while prices rise, the insurance choices available shrink, with many insurers imposing maximum age limits for new customers, in some cases as low as 59.

While it undoubtedly gets tougher to locate the good deals, quality travel insurance is still out there – this guide will show you how to find it.

If you are over 65 and have pre-existing medical conditions, also see our medical conditions travel insurance guide.

Please note that the information in this article is for information purposes only and does not constitute advice. Please refer to the particular terms and conditions of an insurer before committing to any financial products.

Best travel insurance policies that don’t have maximum ages

When we quizzed 44 travel insurance firms in 2024, the following told us they had annual policies that don’t have maximum ages for new customers: 

All Clear, Avanti, Co-op Insurance, Good 2 Go Extra, InsureandGo, Nationwide Building Society, and Virgin Money

Members can log in to see how each provider’s highest scoring policy compared in our analysis. 

If you’re not already a member, join Which? to get full access to these results and all our reviews.

Are insurers without maximum age limits the best option for older travellers?

Not necessarily. Older customers aren’t all the same and the insurer that’s best for you will vary depending on factors such as your health and where you plan to travel.

Additionally, depending on your age, there may be a wider number of insurers (with age limits) that can still offer you cover, potentially with lower premiums.

However, if you’ve been struggling to track down insurance on account of your age, insurers with no maximum age limit are a good starting point.

Can you shop around for cover after 65?

Yes – shopping around is one of the best ways to save money. 

You may, however, find fewer policies on offer, particularly annual policies.

The chart below shows how the availability of cover drops for customers shopping around for new cover.

Source: Which? analysis of 129 policies in April 2024.

Check you’re getting a great deal and search for a new travel insurance policy using the service provided by Confused.com. Get a quote now

More on travel insurance for older travellers

More questions on travel insurance? Take a look at our guides:

Latest article