But while over 80s travel insurance is more expensive, it’s also a good investment. While most people going away enjoy their holiday without any problems, accidents do happen and you can fall ill. Payments for emergency medical treatment accounted for over half of all claims made – 52% in 2017, according to the Association of British Insurers.
The average cost of a medical claim is £1,264 and a cancellation claim is £833 and this potentially rises with age. If you aren’t insured then medical bills will have to come out of your own pocket. another required a £20,000 payout to treat a blocked intestine. Even a smaller injury, such as damage to a knee ligament, cost as much as £3,800 to treat. With travel insurance you can plan and enjoy your trips with confidence.