Credit Cards with Travel Medical Insurance for 65+ Years Old

A Pointshogger reader reached out to us and mentioned that it has been over 3 years since we last provided an update our post for travel insurance for people 65 years and older. So I think that it was appropriate to provide an update. It is not easy to find an insurance company that offers travel insurance to people over the age of 65. Even if you do find a company, chances are it is fairly expensive. So having the insurance coverage with credit cards is a nice benefit to have.

[FAQ] Travel Insurance with Credit Cards

Today, we feature a special Pointshogger contributor, Luc Hamelin, who has been an Aeroplan member since the program was launched in 1984. He has learned through travel experience that reading the fine prints on travel documents can make a huge difference in outcomes and expectations. Recently, the focus of his interest has been on travel insurance associated with Canadian credit cards. He is not an insurance professional. Hopefully this FAQ for travellers will serve as an eye-opener. Bon voyage!

The information provided is for educational purposes only. It should should not be relied upon and is not a substitute for careful review of insurance policies or consultation with qualified professionals.

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[READER QUESTION] What Types of Travel Insurance are Covered on Award Travel?

Generally speaking, if you have purchased your ticket with a travel credit card, you are automatically entitled to a few types of coverage (most of the time): emergency medical insurance, trip interruption, trip cancellation, baggage theft and delay, all up to the amount outlined in each section.

Travel Insurance For 65 Years Old And Over (updated February 7, 2016)

When we purchase travel credit cards, generally it will come with some sort of trip medical insurance, whether it be the first 10 days of your trip or the first 21 days of your trip. However, you will notice that most travel credit cards will only cover those who are 64 and under, and the reason for this is the same as for any insurance, there is a higher liability for the insurance company. This means travelers who are over 65 cannot take advantage of these benefits, even if they own a premium credit card.

A Comparison Between Travel Insurance Credit Cards Relative to Annual Fee

It is always good to carry a card which can cover you while you are travelling, especially if this is all part of being a cardholder. Although travel insurance is great on some credit cards, we don’t want to blindly sign-up for them just based on this factor. Now let’s look at some good travel insurance credit cards and what they have to offer in terms of travel benefits versus annual fees.

[TRAVEL INSURANCE] Best Credit Cards for Delayed or Lost Baggage

In previous posts we looked at Emergency Medical Insurance, Trip Interruption and Trip Cancellation. Another important section of Travel Insurance Credit Cards is the coverage for delayed or lost baggage. What this means is that after you arrive to your destination, you are waiting for your bag by the carousel and it doesn’t appear. As soon as bags seem to stop coming up the conveyor belt, chances are, you have a delayed or lost baggage.