Travel Insurance Costs Double for Elderly Brits
Investigation recently carried out by Money Mail revealed that many high street insurance companies in the UK have increased travel insurance premiums for elderly people.
Now, an average travel insurance premium for those aged 65 or more has risen from 163 pounds to 361 pound.
Commenting on the findings, Ms Mitchell, director of Age UK, said: "These figures confirm our worst fears that older people will be forced to risk travelling without protection or forgo holidays abroad altogether because they can’t afford insurance."
Experts at Which?, independent financial consumer group, believe that insurance companies have no justification for such a dramatic increase in cover premiums. Mr. Daley, of Which? Money, claimed: "Insurers cannot say it is because of older people’s deteriorating health, as many people are much healthier than they were before."
You can learn more about the investigation carried out by Money Mail on the official website of the organisation.
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