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Oldsters Overseas - What Seniors Pay for Travel
Insurance
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by:
Steve Cogger
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While travel medical insurance for senior citizens generally carries a
higher premium and a lower maximum level of coverage it is still widely
available. In fact, some carriers offer travel medical insurance for
senior citizens no matter what their age. One carrier we found offered
travel medical insurance for senior citizens over 80 years old, with no
maximum age. The maximum coverage for those older than 79, however, is
a low $10,000.
Another was a little more generous with its ceiling for elders through
79 years, although premiums for this travel medical insurance for
senior citizens was still costlier than those for younger travelers.
With this insurer a couple between the ages of 65 and 69 can still
purchase up to $1 million of emergency medical coverage with their
travel insurance, and as low as a $250 deductible. For this senior
citizen couple travel insurance coverage for this single trip would
cost $438. At age 70 the maximum drops way down to $50,000 and each
policy must be purchased separately. The per-person cost for the same
trip is now $219 each for only $50,000 of travel medical insurance for
these senior citizens.
Now, let's assume these folks are 80 years old. What a costly
difference in this travel medical insurance for these senior citizens!
Now the most coverage this couple could purchase is $10,000 each, at a
whopping $518 each for the same $250 deductible. The deductible can be
increased to $2500, which lowers the premium to $350.70.
The best course of action for senior citizens who contemplate overseas
travel and are considering travel medical insurance is to first peruse
their current medical coverage. Seldom do these plans cover overseas
travel but do check your policy and call your insurer if you are
unsure. While your Medicare coverage will not help you outside of the
United States, your Medicare supplement coverage might - or at least
for some situations.
If you're wanting to save on your travel insurance premium the two best
things you can do for yourself are to first book your trip with a
travel agent you trust, and then choose an airline, cruise or other
vacation vendor that is well known and not in financial distress.
About the Author
Steve Cogger is webmaster of http://www.1-Happy-Traveller.com
Visit the site today to receive all of the information on travel
insurance you could possibly need.
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