How Much Does Travel Insurance Cost?

Travel insurance is often seen as an additional expense, sometimes even surpassing the cost of flight tickets. However, this perspective disregards the invaluable protection that travel insurance offers. Let's explore why the price of travel insurance may seem high compared to flights and why it's a crucial investment for any journey. Travel insurance is crucial to protect the financial investment made in your holiday and to safeguard your finances against potentially large emergency medical expenses abroad.

At Total Travel Protection, we believe in transparency. This guide breaks down the average costs for 2026 and explains the conditions that determine your final quote.

How your Travel Insurance Quote is Calculated

The following factors are taken into consideration when providing a travel insurance quote that suits your individual needs.

Age:

The age of the traveller is a significant factor in travel insurance premiums. Older travellers often face increased health risks associated with age, leading to higher premiums to offset potential medical expenses during the trip.

Medical history:

Individuals with pre-existing medical conditions face higher premiums because of the increased likelihood that they could require emergency treatment whilst away. At Total Travel Protection we do medical screening differently and you may get a better price!

Length of trip:

Longer trips typically involve higher premiums due to the extended period of cover required and increased likelihood of Illness.

Destination:

The destination plays a crucial role in determining the cost of travel insurance. Healthcare costs vary significantly from one country to another, influencing the price of cover. Travellers visiting countries with higher medical expenses such as the USA may incur higher premiums to account for potential healthcare-related claims during their trip.

Level of cover chosen:

The extent of cover selected by the traveller also impacts the price of travel insurance. Comprehensive cover with a wide range of benefits, such as medical evacuation, trip cancellation, and baggage loss, comes at a higher cost compared to basic cover.

Why is Travel Insurance More Expensive for the Over 70s?

Many customers ask us why travel insurance premiums increase at age 70 or 75. It isn't just about birthdays; it's about the value of the potential claim.

The higher premiums for older travellers are primarily driven by claim severity. Statistically, claims made by senior travellers tend to be significantly higher in value than those from younger age groups. Because the financial risk to the insurer is greater, the premium is adjusted to ensure comprehensive cover remains sustainable.

Older travellers often face higher insurance premiums due to the increased likelihood of additional claims, such as those covering emergency medication and repatriation costs.

Transparent Travel Insurance Quotes with Total Travel Protection

At Total Travel Protection, we specialise in providing comprehensive travel insurance to cover all ages. We cover pre-existing medical conditions to ensure that everyone has the opportunity to travel and create special memories. Use our online quote form to get your travel insurance quote today, or give our friendly team a call on 0330 162 3461, who will help you get the cover you need for your next trip