If you are 50 years young, you may well be eying up all of the countries you want to visit and the things you want to try.
In your 20s, 30s and 40s, it can be difficult to get away, with work pressures and the possibility of younger children still living at home. But as you grow older, it's easier to enjoy your independence and you're certainly still young enough to have a whale of a time!
However, before you clip yourself into that bungee cord Down Under, take a moment to think about finding over 50s travel insurance. The chances are that you will never need it but if you do, you'll be glad you took the time to find the best 50 plus travel insurance.
Call in the experts
As a 50-something, you could still take out a standard travel insurance policy without having to revert to a specialist provider.
However, the facts are that as the years pass, there is a greater chance that you will fall ill or have an accident whilst you are away. Some insurers have rather rigid rates for older customers as they are cautious about offering cover where they think the risk is higher.
By considering a holiday insurance over 50 specific plan, you could find that you get far more competitive rates for the same level of cover.
When you compare travel insurance over 50 quotes, don't rule out standard providers but make sure you check what's included in the cost.
Even if you feel in tip top condition now, you may well have experienced some illnesses in your past or you might be taking medication to control a condition such as high blood pressure.
Whilst this shouldn't stop you travelling – providing your doctor gives you the all-clear of course! - you could find that these conditions are excluded from your cover.
What this means is that the very thing which could be the most likely to make you ill will not be covered! This could mean you end up facing a medical bill for thousands and thousands of pounds if the worst happens.
As an alternative you could take out travel insurance for over 50s with pre existing medical conditions.
If you are considering travel insurance over 50 with medical conditions included, you will have to complete a far more in-depth application and provide information relating to your medical history. Don't be tempted to withhold any details or tell a few fibs because if you need to claim and the insurer finds out you haven't been entirely honest, they won't pay up.
Spreading your wings
If you suspect you might be taking more frequent holidays and trips, you might want to consider annual travel insurance for over 50 year olds. It might not only work out cheaper, but you will be covered from the moment you book the trip and you won't have to sort out insurance each time you travel.
Of course, everyone's situation is different but if you compare travel insurance over 50 and take a look at both single trips and annual cover, you'll be able to see which one works out the most cost-effective.
If you are looking to keep costs low and find cheap over 50s holiday insurance, make sure that you de-select any unnecessary add-ons – such as winter sports for example – as this will help to reduce the premium.
However, don't be tempted to skimp on essentials such as personal liability, medical costs and cancellation cover; this can be a false economy if things go wrong. Another common mistake is to increase the excess to lower the cost; it's a great idea, but you have to be able to afford to pay the excess otherwise the insurance is pointless.
If you carry out an over 50 holiday insurance comparison, you will be able to specify the features you want and compare the relative costs to find a provider who is offering the best deal.