Insurers raiding pensions pot says Karma insurance
Travel insurers are pressurising senior citizens into spending more than a week's pension on over-inflated premiums, according to research undertaken by karmainsurance.com
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 and
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