Boomers Travel Insurance is a travel insurance product designed to provide coverage for travelers who are over 74 years of age. The insurance is provided by Allianz Global Assistance, a leading emergency medical assistance provider, and offers a range of benefits for travelers.
One of the key features of Boomers Travel Insurance is the lack of capped age limits, which means that it is suitable for customers of all ages, including seniors. Additionally, the comprehensive and domestic plans allow travelers to apply for pre-existing medical condition coverage.
The insurance offers 24/7 emergency assistance, with Australian-based case managers available to help in the event of an emergency. The case managers are supported by registered nurses and doctors, providing peace of mind for travelers while they are abroad.
In the event of a medical emergency, Boomers Travel Insurance provides access to medical care and support, ensuring that travelers are well-looked after. The product also offers cover for minor issues, such as a delayed suitcase, as well as significant events, like an unexpected trip cancellation or an overseas medical emergency.
Boomers Travel Insurance
Boomers Travel Insurance Helps Protect Baby Boomers Travels
Trend Themes
1. Senior Travel Insurance - The trend of specialized travel insurance programs for senior travelers and retirees offer an opportunity for companies to provide tailored coverage to older demographics.
2. Pre-existing Medical Coverage - The trend of offering pre-existing medical condition coverage as part of travel insurance policies offer an opportunity for insurance companies to appeal to individuals with existing health conditions.
3. 24/7 Emergency Assistance - 24/7 emergency assistance services and support offered by travel insurance companies present an opportunity for companies to differentiate themselves and attract customers seeking peace of mind while traveling.
Industry Implications
1. Travel Insurance - Boom in the travel insurance industry as demographics shift towards aging populations and individuals seek greater security when travelling abroad.
2. Senior Care Services - Specialized travel insurance programs for seniors create opportunities for companies to provide additional services, such as home care support, to an aging demographic.
3. Healthcare Insurance - Pre-existing medical condition coverage offered by insurance companies as part of travel insurance policies presents an opportunity for healthcare insurers to expand their services and appeal to individuals with specific health needs.