A Guide to Insurance for the Over 75s
Posted: 12:00am May 29, 2014 by Admin – Acorn Stairlifts Canada filed under Tips and Advice
When you reach your golden years, you want to have faith in the fact that you ve got an insurance policy to rely upon. Whether you re planning a trip of a lifetime or want good value car insurance that will reward you for your years of experience, this short guide should introduce you to finding insurance if you are aged 75 or over.
From annual insurance to one-trip cover, travel insurance can be a little confusing at the best of times. With so many options, terms and conditions, it can be hard to know where to start. The most important thing to consider for over 75 travel insurance is that your medical conditions, if any, are covered. Often specialist companies will provide you with a better deal, so shop around on a price comparison website such as Insure My Trip to narrow down your options.
Even in old age, it s important to get insured for any unforeseen issues that could leave your family in a sticky situation. Life insurance premiums tend to rise as you get older, but if you don t have any serious health conditions then you can usually secure a good deal. Before you get quotes, it s vital to consider what you want covering, for example a mortgage or the security of your partner. Weigh up the costs versus the potential benefits before deciding if life insurance is right for you in your elderly years
If you ve got a valid driving license, there s no reason why you should pay a premium on your car insurance when you get older. If you ve got a clean license and few claims, you should be able to secure remarkably low rates for car insurance, so don t be scammed by expensive charges. Again, shopping around is the way forward to ensure that you get the best rate.
Insurance has evolved with the rise of the internet, so when choosing insurance in your later years, learn to shop around. Enlist the help of a family member or friend if you aren t familiar with a computer, and ensure that everything is covered at a reasonable rate.