While traveling abroad can be fun and exciting, it can also be risky, especially for those above the age of 65. Travel-related incidents such as accidental injuries, illnesses, theft or natural disasters can spoil travel plans regardless, but they become even more difficult to handle as you age. Buying travel insurance for senior citizens is crucial to protect yourself from any financial burden that may result from any unexpected incidents 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’s especially important for senior citizens for the following reasons:
- Medicare will not cover you outside of the U.S.
- Senior citizens are more likely to experience a medical emergency due to accidental injury or illness.
As you get older, your chances of getting sick or injured increase. Should an accident or emergency occur while you’re traveling abroad, you’ll reduce unnecessary financial stress, knowing that you have adequate coverage for the treatment that’s needed.
- Senior citizens are more likely to need emergency or medical evacuation.
- Senior citizens tend to be more vulnerable and could fall victim to theft or kidnapping.
For U.S. citizens traveling abroad, your domestic healthcare plan may not cover you while you’re traveling outside of the U.S. If a situation arises in which you have to visit a doctor or a hospital during your trip and don’t have travel medical insurance, you’d be left to pay all of the medical bills out of pocket.
It’s important to note that medical treatment may be more expensive in a foreign country, and healthcare systems can be more confusing to navigate with a language barrier and without the help of your insurance company. Having travel insurance for U.S. senior citizens will assist you in finding a trusted doctor or hospital to receive treatment, and will also help alleviate any financial burden that will be incurred.
In the event of a catastrophe or emergency, such as a terrorist attack or natural disaster, emergency evacuation could be necessary. Similarly, if you get injured or contract a severe illness and a physician deems you unable to receive adequate treatment at your current location, medical evacuation could be necessary. Under normal circumstances, evacuation can be extremely expensive. Having this coverage in your medical insurance policy could save you money, time, and possibly your life.
Although anybody can be a victim of theft or kidnapping, American senior citizens can be more vulnerable targets. In the case of theft, a travel insurance policy can assist you with passport and currency replacement. In more extreme cases, your insurance policy 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.