Insurers raiding pensions pot says Karma insurance

Karma sourced travel insurance costs for a 65 and 66 year-old taking a two-week holiday in Spain and the difference between the lowest and highest internet-based quote was £183.67- £63.69 more than a couple’s basic weekly state pension of £145.01.

Managing director, Brian Wright, commented: “Insurers were recently criticised for not catering for the needs of elderly travellers and our research reveals just how widespread age discrimination is. Over a third will not cover those aged 65 plus

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