Generally, insurance exists to protect both the old and the young against unforeseen loss or damage. In other words, Age shouldn’t be a barrier when it has to do with getting insurance. This has got to be what Age Concern Insurance Company (formerly Age UK) had in mind for older people in the UK.
Age Concern UK is a service for older people with or without any medical conditions. In other words, it’s a charity that covers older people in terms of insurance. As you know, there are many types of insurance for the elderly, but in this piece, we would be reviewing Age Concern insurance products, such as car, home, travel and house insurance.
What is Insurance?
According to Investopedia, Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. Evidently, not all insurance companies offer the same level of coverage, plans, or costs. As a result, it is critical to shop around, compare estimates from several providers, and look for discounts that can make insurance more affordable for you. Here are some pointers to help you select the best insurance for you:
- Take advantage of group discounts. Your employer may provide discounts with a certain provider, or you may receive a discount if your entire family is insured by the same provider.
- Maintain a healthy lifestyle because being healthier may entitle you to discounts.
- Purchase insurance when you are younger, when the prices are lower.
- Reduce the amount of coverage you purchase by selecting a greater excess or less coverage based on your needs.
- Pay for day-to-day medical expenses yourself if you can afford it, and only choose hospital and specialist insurance.
Age Concern Insurance
Age UK has been relaunched as AgeCo and is now a recognized charity in the UK. It was founded and established in 2009, with the original names “Age Concern” and “Help the Aged.” Its intellectual roots can be traced all the way back to 1940.
Help the Aged and Age Concern have joined forces to become Age Co by pooling their resources. Thus, it will continue to address the issues that older people confront in the UK and around the world. It collaborates closely with HelpAge International to better the lives of older people in underdeveloped countries.
Medical ailments, the death of loved ones, and age discrimination, to mention but a few are among issues that older people face on a regular basis. Age Concern UK is campaigning to help those who are suffering from the consequences of old age live happier, healthier lives.
Additionally, Age UK has aided in the treatment of several long-standing health issues associated with old age by funding substantial research, including dementia, cognitive decline, incontinence, and strokes. Other prevalent issues, such as poor wound healing and weak immune systems, are being thoroughly researched.
Age Concern Car Insurance Review
The main idea of Age Concern insurance is to provide a variety of services, assistance and approved financial products to those aged 50 and over. It also provides a variety of insurance solutions designed exclusively for people over the age of 50.Â
Their car insurance is provided by a partner company called “Aegis Insurance Ltd.” Interestingly, Age Concern has indicated that their over 50s car insurance policy will be available from a limited panel of insurance carriers.
Age Concern Car Insurance Coverage
Here is a list of your Age Concern car insurance alternatives; for more complete information, please get a quote from their website.
- Third-party, fire, and theft
- Only a third party is involved.
- legal protection
- breakdown cover
- excess protection
- key protection
- Fully comprehensive
Reasons to consider car insurance from Age Concern UK
If you’re under 50 or over 50, here are a few reasons why you should consider over 50s car insurance quotes from Age Concern UK when comparing car insurance:
- If you have comprehensive coverage, you will be given a guaranteed courtesy car for an indefinite period of time while your car is being repaired by an approved repairer.
- An outstanding array of optional additions are available if you choose to purchase them to fit your specific circumstances and needs;
- 24-hour accident assistance;
- comprehensive EU driving coverage;
- no administrative or cancellation fees;
- They offer protection against no-claims discounts.
As you may expect, they may update the above statements over time, as the policy provider may change various aspects of their product’s features and cover levels without notice. Age Concern car insurance policy will have terms, conditions, and exclusions, as is standard with all car insurance providers. They may also be influenced and hence vary as a result of the particular driver’s/or applicant’s vehicle’s condition. In this case, some of the above points about benefits and terms may not apply to your personal and individual circumstances.
When looking for auto insurance quotes or details about coverage, it is critical that you provide complete disclosure of all relevant data about your vehicle, driving license status, and any other information requested by the firm.
Age Concern Travel Insurance
Age is no obstacle to travel, and many people agree that the desire to see the globe grows greater with age. Despite the challenges they confront, older adults continue to enjoy relaxing vacations overseas. However, planning a vacation may be a demanding task, and some people have difficulty getting sufficient travel insurance.
It might be difficult for an elderly person to locate the correct travel insurance policy for them, especially if they have pre-existing medical conditions. Age Concern travel insurance and Help the Aged travel insurance will continue to be promoted by Age UK.
Like goodtogoinsurance.com, Age concern has no upper age limit on their age concern travel insurance packages and can cover persons with a variety of pre-existing medical issues. Furthermore, if you have a pre-existing medical condition or are over the age of 65, 70, or even 80, Age concern can provide you with a travel insurance policy that suits your specific needs.
Age Concern Travel Insurance Benefits
Age Concern Travel insurance protects your vacation by covering medical bills if you become unwell as well as lost or stolen items. They also cover against financial loss due to cancellation if you are unable to travel, or delays caused by the airline or holiday operator.
Levels of travel insurance will vary with respect to the holiday insurer, however, the following are normally the standard benefits from Age concern UK:
- After-departure coverage
- Number of policy add-ons to consider
- Numerous pre-existing medical issues are standardly covered.
- Coverage is available for UK and EU residents, as well as Australian, New Zealand, and South African passport holders.
- Excess levels are low.
- No hidden costs
- Personal items, documents, and electronic devices are all covered.
What isn’t covered
When you travel, holiday insurance protects you. However, like with other insurance policies, Age Co’s policies don’t cover certain activities or situations. Again, these exclusions will vary depending on the insurer, however, they will usually include:
- High-risk pursuits, for example, winter sports, rock climbing, and white water rafting
- Expensive stuff, such as luxury clothing or electronic devices
- Injuries caused by oneself when under the influence of alcohol
- Cancellation if the reason is not specified on the policy.
- Travel to nations listed on the government’s Foreign and Commonwealth webpage as locations to avoid.
- Medical expenses incurred as a result of an undeclared pre-existing medical condition
Don’t worry, however, if an activity isn’t covered by your vacation insurance. Some insurers offer additional holiday insurance choices, such as winter sports coverage, golf coverage, or cruise insurance, which you can add to your policy.
Travel insurance for UK residents over the age of 50:
There are two major travel insurance policies that Age concern UK covers, they are:
#1. Annual Multi-Trip
This is for most individuals, couples, or families who plan to travel for up to 120 days in a calendar year. For those up to the age of 79!
- Cancellation or curtailment – maximum of £6,000
- Medical Expenses in an Emergency – up to £10,000,000 in total
- Baggage allowance of up to £3,000 total
Read our article on travel insurance for more information on annual multi-trip travel insurance
#2. Single Trip
Single Trip Travel Insurance is for those aged 18 to 89 who are travelling independently or on a package holiday for no more than 15 months.
- Cancellation or curtailment – maximum of £6,000
- Medical Expenses in an Emergency – up to £10,000,000 in total
- Baggage allowance of up to £3,000 total
Choosing the proper policy type is simple because all you have to do is enter your travel destination, trip duration, and age to see a list of policies tailored to your needs. Before making a final decision, compare the features and costs. You can obtain the coverage in as little as 10 minutes and is easy to understand.
Age Concern Home Insurance Review
House insurance is one of the financial solutions from Age Concern to UK residents. It’s a type of property insurance that covers losses and damages to a person’s house, as well as their belongings and other assets. If you’re seeking for home insurance later in life, the customized coverage from Age Concern is worth considering.
What is covered by Age Concern house insurance?
Age Concern home insurance products protect your house against a variety of threats. On their website, there are full specifics, but here’s a breakdown of what’s covered in the buildings and contents insurance.
- A fire, a lightning strike, an explosion, or an earthquake are all examples of natural disasters
- Riot, civil tumult, and political upheaval
- Smoke
- Collision
- Theft/vandalism
- Storms
- Underground drains, pipes, cables, and tanks that have been damaged by accident
- Excessive oil/water
- Subsidence
- FallingTrees or branches, etc
Benefits of Age Concern Home Insurance
Here are some of the appealing advantages of Age Concern House Insurance for your home.
#1. Domestic support is available 24 hours a day, seven days a week.
If you have a home emergency, for example, the service provider Arc Legal Assistance Ltd will arrange for assistance from an eligible contractor. If your house insurance policy or home emergency coverage covers it, their charges and call-out fees will be reimbursed (minus any excess)
#2. Extra voluntary excess is an option.
You can lower your insurance price by paying an additional excess for your buildings and contents insurance.
#3. Identity theft assistance.
If you have been a victim of identity theft or are concerned about it, you can get help.
#4. Legal advice is available 24 hours a day, seven days a week.
You can get competent, confidential, and independent assistance on any legal issue arising under the laws of any EU member nation, the Isle of Man, the Channel Islands, Switzerland, or Norway.
What extras are available with Age Concern house insurance?
In addition to the advantages of Age Concern Home Insurance, the following add-ons are available:
- Unintentional harm. Policies for buildings and contents are available.
- Unspecified personal effects. This add-on is available for contents insurance coverage and covers the loss or damage of bicycles, wheelchairs, as well as personal possessions, money, credit cards, and mobile phones.
- Specified Personal belongings. This extension is available for Age Co’s contents insurance coverage and protects the specified personal possessions or assets indicated in the schedule from loss or damage.
- Pedal bicycles This protects your pedal cycles and accessories as well as those of your family (listed in the schedule).
- Stationary caravan. This protects the fixtures and equipment of your static caravan.
- Caravan tour. Under this policy supplement, if selected, caravan equipment indicated in your schedule would be protected from loss or damage.
- Personal legal defense. Employment, contract, or property disputes, as well as personal injury or clinical negligence, are all covered by this.
- Home emergency. This service provides repair for a residential emergency, such as furnace repair.
Summary
Age Concern, sometimes known as Age Co, is the commercial part of Age UK, the UK’s largest charity devoted to assisting individuals in their later years. Since its inception in April 2009, it has provided services and support to aged people.
The organization’s aim, as you can see from the post, is to make the UK a fantastic place for people to grow old, and it offers free information, insurance, and guidance on a variety of areas, including money, wellbeing, care, travel, and job. It also provides car insurance for people over the age of 50.
FAQs’ On Age Concern Insurance
What does Age Concern deal with?
We are a nationwide organization. Every year, we provide support, companionship, and counsel to millions of people in the UK. We are a powerful voice advocating for and with older people to protect their rights, needs, and desires.
Do Age Concern do home visits?
Personal care in the comfort of your own home.
One of AgeCo’s professional carers (sometimes known as a ‘personal assistant’) will come to your house at agreed-upon intervals during the day, or in some situations, provide 24-hour care. This service will be charged on an hourly basis.
Is Age Co insurance any good?
Age Co’s car insurance received 3.5 out of 5 stars in Finder’s 2020 customer satisfaction awards, with 13% of customers indicating they would recommend the service. Age Co has a 1.8 out of 5-star rating and a “Poor” rating on the consumer review platform Trustpilot, based on more than 20 reviews.
What age is considered elderly in UK?
A person over the age of 65 is generally considered to be an older person. However, a formal definition is difficult to apply because people age at various rates biologically, therefore someone at 75 may be healthier than someone aged 60.
