This makes it extremely important to ensure that these travellers in their advancing age, are adequately insured when they travel abroad. With most of them carrying pre-existing conditions, it is important to choose visitors insurance for parents with pre existing medical conditions, given that the cost of medical treatment abroad is exorbitantly high and without an insurance plan in place, the insured (or their children) could end up coughing up the money from their pocket.
How to find travel insurance for my parents?
Many Indian parents are now becoming more travel savvy and are willing to spend their hard earned savings on travel experiences across different countries in the world rather than having their money accumulate interest in the bank. Almost all countries have recorded a growth of inbound visitors in the age category 50-80 years and this is a welcome sign. Parents’ travel can be two fold. One is the more traditional form of travel where parents travel on long trips to US/UK/Europe/Australia etc to support their own children in raising their grandchildren while their children are both employed abroad. The second form of Parents’ Travel is where the parents would like to take a much needed international holiday for sightseeing or taking a break from their routine and these trips are funded by their savings or gifted to them by their children.
Acknowledging the fact that more senior people are travelling, many of the Indian insurance companies have come out with Senior Citizen insurance plans which specifically cater to travellers beyond the age of 60. Most of these plans do not have an entry age restriction, and so a senior citizen of any age can actually be covered under these insurance plans. When purchasing a Senior Citizen plan, one must ensure to buy a plan with a sum insured of atleast $100,000 of Accident & Sickness cover for each parent since the average claim for a senior citizen are almost double to claim amount of younger travellers. Here we offer a comprehensive range of Senior Citizen plans.
Parent’s Insurance Plan
The Parent’s insurance plan (like the Senior Citizen’s plan) is specifically for Senior citizens normally about the age of 50 years. It is a plan that focuses primarily on Emergency Accident & Sickness cover, but also has Medical Evacuation, Repatriation, Passport loss, Baggage Loss/Delay etc.
- Emergency Accident & Sickness Reimbursement
- Medical Evacuation
- Repatriation of Remains
- Baggage Loss/Delay
- Passport Loss
- Personal Liability
- Flight Delay
- Emergency Cash Advance
- Any Pre-existing Condition
- Routine physicals or other examination
- Elective, cosmetic, or plastic surgery
- Suicide, (AIDS), / (HIV) infection
- Under the influence of drugs, alcohol, or other intoxicants
- Loss arising out of War, civil unrest, Terrorism
- Congenital anomalies
- Participation in Adventure Sports
- Pregnancy related conditions