Financial news categories
Financial news archive
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
Older holidaymakers "foolish" not to take out insurance
08 May 2008
Tourists who are over 55 should still take out travel insurance despite it being more expensive, claims a travel association.
Affluent older travellers are now likely to take longer and more adventurous holidays abroad but should not be dissuaded from getting expensive travel insurance if they have existing health problems, say the Association of British Travel Agents.
A report by the Association of British Insurers revealed that tourists aged over 65 were three times more likely to make an insurance claim than those over 35, making it crucial for older tourists to have insurance.
Sean Tipton press officer at ABTA, said: "If you have a pre-existing medical condition and you decide not to take out insurance because of the fact that it’s more expensive then it's very foolish because you're more likely to need it than other people."
Research by the Alliance and Leicester revealed that 13 per cent of over 55-year-olds took five or more holidays per year.
