What is the Cheapest Travel Insurance for Over 50s?
Based on our most recent research, the cheapest travel insurance for over 50s starts from around £10.59 for single-trip cover and £16.11 for annual travel cover. The price of travel insurance will vary based on your exact age, but it is usually possible to find affordable travel cover after age 50.
Having travel insurance is the simplest way to protect yourself if there are any issues with your holiday, and your policy protects you both before and during your trip. One of the main reasons to buy travel insurance is to protect you if anything goes wrong before you leave for your holiday.
Many UK insurers claim to offer ‘cheap’ travel insurance for over 50s, and these policies should include the same benefits as they would for people of any age. In this guide, our team of travel insurance experts looks at the average cost of over 50s travel insurance and how to find the cheapest travel insurance for over 50s in 2024.
60 Second Summary – What is the Cheapest Travel Insurance for Over 50s? 2024 Guide
The cost of over 50s travel insurance can vary dramatically based on your age and the level of cover that you need. Pricing often starts at less than £10 for people in their early 50s and can rise to over £100 based on your own situation.
Our travel insurance experts have found that Admiral tends to be the cheapest insurance company for travellers aged 50 – 70, and Ageas is often the cheapest for travellers aged 70 and older.
- Travel insurance can be extremely valuable for over 50s and can save you £100’s or £1000’s if something unexpected happens on holiday that would impact you financially.
- Over 50s will normally have to pay more for their travel insurance, as insurers will associate their age with a higher risk of claiming for medical issues while on holiday.
- The simplest way to save money on your travel insurance is to shop around and check what prices each insurance company offers.
- Even the ‘cheapest’ policies can normally offer a decent level of financial protection. While price is important, you should also consider the level of cover that is available and which policy benefits you need the most.
Which insurance companies have the cheapest travel insurance for over 50s?
To work out which insurance companies offer the cheapest travel insurance for over 50s, our insurance experts have compared a range of travel insurance quotes from across the market.
To give a complete overview, we have used a range of ages and policy types in the examples below. The aim of this is to help you get an idea of how much your travel insurance policy might cost, though the actual cost may be more or less than these prices. We have displayed both the highest prices and lowest prices that we found, to demonstrate how much prices can differ based on the insurer and insurance policy.
Note: These examples are based on applicants with no pre-existing medical conditions, and the price will often be higher for people with one or more pre-existing conditions.
Single trip travel insurance for over 50s
| Applicant age | Price of cover (Lowest) | Price of cover (Highest) | Cheapest insurer |
|---|---|---|---|
| Age 50 | £9.48 | £94.38 | Admiral |
| Age 55 | £10.69 | £94.38 | Admiral |
| Age 60 | £11.82 | £126.20 | Admiral |
| Age 65 | £15.29 | £126.20 | Admiral |
| Age 70 | £21.26 | £216.61 | Ageas |
| Age 75 | £26.51 | £311.90 | Ageas |
| Age 80 | £33.50 | £374.30 | Ageas |
| Age 85 | £42.36 | £238.66 | Ageas |
| Age 90 | £86.60 | £464.21 | Travel Insurance Saver |
Note: These quotes are based on a 7-day trip to a European destination and are accurate as of 24/05/2024.
Annual multi trip travel insurance for over 50s
| Applicant age | Price of cover (Lowest) | Price of cover (Highest) | Cheapest insurer |
|---|---|---|---|
| Age 50 | £14.30 | £136.05 | Admiral |
| Age 55 | £15.54 | £136.05 | Admiral |
| Age 60 | £18.48 | £192.29 | Admiral |
| Age 65 | £25.04 | £217.92 | Admiral |
| Age 70 | £46.16 | £277.15 | Admiral |
| Age 75 | £65.40 | £380.47 | Holiday Extras |
| Age 80 | £148.67 | £577.09 | Admiral |
| Age 85 | £226.10 | £643.43 | Admiral |
| Age 90 | £303.69 | £643.43 | OK to Travel |
Cruise travel insurance for over 50s
| Applicant age | Price of cover (Lowest) | Price of cover (Highest) | Cheapest insurer |
|---|---|---|---|
| Age 50 | £16.17 | £156.10 | Rias |
| Age 55 | £17.63 | £156.10 | Rias |
| Age 60 | £19.55 | £209.35 | Rias |
| Age 65 | £21.89 | £209.35 | Rias |
| Age 70 | £25.07 | £153.22 | Rias |
| Age 75 | £30.32 | £228.60 | Rias |
| Age 80 | £37.31 | £306.76 | Rias |
| Age 85 | £46.17 | £398.80 | Rias |
| Age 90 | £104.02 | £694.37 | Travel Insurance Saver |
Note: These quotes are based on a 7-day trip to a European destination with cruise cover added and are accurate as of 24/05/2024.
Couples travel insurance for over 50s (single trip)
| Applicant age | Price of cover (Lowest) | Price of cover (Highest) | Cheapest insurer |
|---|---|---|---|
| Age 50 | £16.44 | £168.43 | Admiral |
| Age 55 | £20.06 | £168.43 | Admiral |
| Age 60 | £22.20 | £225.71 | Admiral |
| Age 65 | £27.14 | £225.71 | Admiral |
| Age 70 | £37.00 | £280.93 | Ageas |
| Age 75 | £46.12 | £404.56 | Ageas |
| Age 80 | £55.06 | £404.56 | Ageas |
| Age 85 | £69.62 | £441.71 | Ageas |
| Age 90 | £137.81 | £550.32 | Travel Insurance Saver |
Note: These examples are for single trip travel insurance and are based on both applicants being the same age. If you and your spouse or partner are different ages, this can affect the overall cost of the policy.
What is the average cost of over 50s travel insurance?
The average cost of travel insurance for over 50s is around £29.50, based on a range of quotes for single and annual multi-trip policies. The quotes were generated for a range of different ages to ensure that the average is as accurate as possible.
While it can be helpful to understand what the ‘average’ cost is, you might pay a different amount for your travel insurance policy. This is because the price of travel insurance is based on:
- Your age
- The type of cover needed (individual, couples, family etc.)
- Single trip or annual cover
- Amount of excess (£s)
- Level of cover needed
- Any additional benefits (e.g. gadget cover)
The cost of travel insurance can vary massively between travellers in their 50s and in their 90s, so you should always compare quotes to find the lowest prices for you.
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Why is travel insurance more expensive for over 50s?
Most forms of personal insurance will be slightly more expensive for people aged 50 and older. This includes policies like life insurance, health insurance, and travel insurance.
The reason that policies tend to be more expensive is because the insurance companies want to protect themselves against a higher level of ‘risk’. We are all more likely to experience medical issues as we get older, meaning that travel insurance companies often view over 50s as being more at risk of claiming for emergency medical treatment.
The risk of this can be even higher if you already have any pre-existing conditions, and certain specialist companies will normally be cheaper in this situation.
What is the best value travel insurance for over 50s?
Based on our research and the figures above the travel insurance company with the ‘best value’ for over 50s is Admiral, followed by Ageas which was the best choice for those over 70.
Admiral Travel Insurance
Admiral consistently provides fair pricing for older customers, and even their basic policies offer great benefits including £10,000,000 of cover for medical emergencies. They are also very well rated by their customers, having been awarded an ‘Excellent’ rating by Trustpilot based on over 78,000 positive customer reviews.
Their pricing starts from less than £10 for travellers in their early 50s, and you also have the option to add on extra benefits such as winter sports cover. Admiral is often the cheapest option for travellers aged 50 – 70 years old.
Ageas Travel Insurance
Ageas tends to be the cheapest option for UK holidaymakers who are over 70 years old. Prices start from around £21 for single trip cover for a traveller in their early 70s, and prices do increase as you get older.
They offer several levels of cover to suit people with different budgets, and they are well-liked by UK travel insurance customers. Their customer service has been rated 4.0 out of 5.0 Stars on Trustpilot, which gives them an independent quality rating of ‘Great’.
Note: Another travel insurance company might work better for you based on your trip destination and duration, as well as your medical history and lifestyle. You should always compare multiple quotes to ensure that you are happy with the amount of cover and the price you are paying.
How can I find the cheapest travel insurance for over 50s?
The main way to find cheap over 50s travel insurance is to compare quotes from multiple insurance companies. You can do this yourself by contact your preferred insurers online or over the phone, though this method can be more time consuming.
Many people prefer to use price comparison websites, as this can be much more convenient and allows you to see a wider range of options at the same time. A specialist comparison site can be better for over 50s, especially if you have medical issues as a specialist insurer may be able to offer lower pricing.
