While traveling abroad can be fun and exciting, it can also be risky, especially for those above the age of 65. Anything such as accidental injuries, illnesses, theft, terrorist attacks or natural disasters can easily spoil your travel plans and as your age increases, it becomes significantly more difficult to handle these situations. This is why purchasing a travel insuran ce policy is crucial in order to protect yourself from any financial burden that may result from any unexpected discrepancies during your travels abroad.
Potential Risks for Travelers Over 65 and How can Travel Insurance Help?
Travel insurance is an extremely important component for anyone planning a trip abroad, but it is especially important for senior citizens for the following reasons:
- Medicare will not cover you outside of the US.
- Senior citizens are more likely to experience a medical emergency due to accidental injury or illness.
As you get older, it is inevitable that your health will grow increasingly more unpredictable and your chances of getting sick or injured are significantly higher. Should such an event occur while you are traveling abroad, it will be a much more stressful situation, in which case having a travel medical insurance policy will insure that you have adequate coverage for the treatment that is needed.
- Senior citizens are more likely to need emergency or medical evacuation.
- Senior citizens tend to be more vulnerable and could easily fall victim to theft or kidnapping.
It is important to note that your domestic health care plan will not cover you while you are traveling outside of the US, so should anything happen in which you have to visit a doctor or hospital during your trip, you will be left to pay all of the medical bills out of your own pocket if you do not purchase a travel medical insurance policy prior to embarking on your travels. It is also important to note that medical treatment can be exponentially more expensive in a foreign country and the healthcare system will be more confusing and frustrating to navigate without the help of your insurance company. Having a travel medical insurance policy will not only assist you in finding a trusted doctor or hospital in receiving necessary treatment, but it will also help prevent you from any financial burden that will be incurred after the fact.
Should a large scale catastrophe occur such as a terrorist attack or natural disaster while you are traveling abroad, the medical facilities could soon be overwhelmed, or should you get injured or contract a severe illness and are unable to receive adequate treatment at your current location and need to be transported elsewhere, emergency or medical evacuation could be necessary. Evacuations however, are extremely expensive and can be difficult to arrange so having coverage for this will save you money, time, and even your life.
It is a known fact that Americans in general are prime targets for theft because they are likely to be carrying the US dollar and a US passport, which holds a much higher value in many foreign countries, and American senior citizens are known to be even more vulnerable because they will have a much harder time defending themselves in such situations. Having a travel insurance policy can assist you with passport and currency replacement in case of theft, or in more extreme cases, it can assist you or your family with issues pertaining to kidnapping and ransom.
Because senior citizens face higher travel & health risks while traveling outside of their home countries, the U.S. Department of State highly recommends that you purchase a travel medical insurance policy in preparation for your upcoming vacation.