Post Office UK extends conditions of travel insurance
Post Office extends its annual multi-trip insurance policy to the over-65s. With many young adults expected to take a gap year to avoid the credit crunch, research from Post Office Travel Insurance reveals they could be receiving some unexpected guests. A fifth of parents (21 per cent) aged 50+ with children that have lived or holidayed abroad, said they had visited their child to broaden their own horizons.
Most intrepid are those parents aged over-65 with almost half (48 per cent) admitting to ‘gatecrashing’ their child’s gap year or holiday.
With economising at the heart of many travellers’ plans at present, one in five (19 per cent) of people from all age groups said they plan to holiday with friends and family abroad this year. Once again it is the over-65’s who form one of the biggest groups – 32 per cent said they have already taken advantage of a family member living abroad or in the UK, or plan to so later this year.
Despite their willingness to travel, it’s not always easy for over-65s to get travel insurance, with many providers simply not offering policies to this age group. The Post Office’s research reveals that 14 per cent of those aged 65+ have struggled to get insurance in the past.