11.8 C
London
Wednesday, February 21, 2024
More
    HomeMoneySpendAdvantages for the over 60s

    Advantages for the over 60s


    Annie


    fifth Feb 2024

    Turning 60 needn’t be a milestone to dread: there are many things to stay up for, including a bunch of exciting perks and freebies, and quite a few incredibly beneficial advantages for over 60s. This text got here about once we were asked an issue:

    What are the advantages of turning 60

    With this in mind, we’ve tracked down the very best advantages for over 60s. Not only that, we’ve found all the nice opportunities you possibly can benefit from reminiscent of being paid to finish online surveys on sites like Inbox Kilos.

    Nonetheless, for those who’ve found some other improbable goodies and discounts, or have any more questions, be certain you tell us over on the Magpie Messageboard!

    Free advantages and great discounts for over 60s

    Once you switch 60, you’re eligible for all varieties of discounts! Here’s what to look out for.

    Health & Education

    Taking care of yourself doesn’t have to cost so much!

    Free prescriptions

    You now qualify without cost prescriptions from the NHS. Whenever you collect from the pharmacy, there’s a box on the back of your prescription slip to tick and sign. That’s it! No more £8 charge for each prescription you wish.

    Optical discounts

    Get free eye tests to maintain your prescription up-to-date. The optician is usually the primary port of call for spotting various diseases, too – the back of your eye can tell so much about your health! So it’s vital to get a watch test every two years even for those who don’t think you wish glasses.

    It’s also possible to lower your expenses in your glasses, too. Specsavers offers a 20% discount on all glasses and lenses over £69 – and it’s price asking your local independent optician about any deals, too.

    Adult Education grants

    Continue to learn your whole life to remain sharp and curious! Your local council will run numerous workshops, lectures, and classes so that you can try. Try other lifelong learning centres too, just like the University of the Third Age.

    A lot of these courses are free for over 60s. Nonetheless, if it is advisable to pay course fees check if there’s a concession for over 60s – or seek advice from your local council about getting an adult education grant to fund some or the entire course costs.

    Travel

    Benefit from free and discounted travel to get out and about and revel in exploring the UK and beyond!

    Free Bus Pass

    The free bus pass scheme has barely different rules for every country within the UK. Those in Scotland, Wales and Ireland can apply for one after they turn 60. In England it is advisable to be the Female State Pension age (whether you’re a person or woman) to use. The exception here is for those who live in London, when you possibly can apply for a free bus pass whenever you’re 60. Remember, you often cannot use your bus pass in other parts of the UK, as an illustration you can not use a bus pass bought in England in Scotland. At all times check restrictions before travelling.

    The pass used to offer free travel at any time. Nonetheless, it’s now available for off-peak travel only in most areas. We recommend you check your local authority website before travelling. (If you will have a Disabled Person’s Bus Pass, you possibly can still travel any time). Off-peak travel is any time between 9.00am and 11pm Monday to Friday, and all day at weekends.

    Coach discounts

    Over 60s in England and Wales should buy a Senior Coachcard for £15 (plus £3 P&P) for a 3rd off all National Express coach fares. It’s also possible to bag extra discounts with £15 anywhere returns on Tuesdays, Wednesdays, and Thursdays for those who book 3 or more days upfront.

    Train Discounts

    Senior Railcard is £30 per 12 months (or £70 for 3 years). It gives you savings on a big selection of tickets, including many First Class, Standard, Advance tickets and off peak bookings – apart from journeys made during morning peak time tickets in London and the South East/ Network Rail area. At all times check with the service provider about Railcard restrictions before booking your tickets, as exemptions can and do change from path to route and at different times.

    You may buy a Senior Railcard online, at any staffed National Rail ticket office, or call 0345 3000 250.

    For those who’re in receipt of certain disability advantages, reminiscent of Attendance Allowance, you may qualify for a Disabled Individuals Railcard as a substitute. That is £20 a 12 months (or £54 for 3 years) and it offers one third off rail tickets for you AND your carer companion.

    Book tickets online

    Using sites like Raileasy or Red Spotted Hanky can knock as much as 80% off your train tickets. So, for those who don’t travel by train ceaselessly enough to justify a Senior Railcard, be certain you look online for rail discounts. Buying upfront also reduces the worth of a ticket by quite so much – just be certain you choose for a refundable ticket option, just in case you possibly can’t make the journey for any reason.

    Save on London Travel

    Residents of London over 66 should buy a Freedom Pass. This encompasses free off-peak travel on trains, tubes, trams, and buses in London (which means after 9am weekdays, anytime at weekends and bank holidays). For those who were born before sixth April 1950, you’re mechanically eligible. Those born on or after sixth October 1954 should wait until they reach the age of 66. The Freedom Pass website has an eligibility checker to seek out out exactly when you possibly can claim your pass. Remember: Older Person’s Freedom Pass and 60+ card is ONLY valid after 9.00am on weekdays and in any respect times at weekends and Bank Holidays.

    Within the meantime, for those who are over 60 you possibly can get a 60+ London Oyster Photocard which implies you possibly can travel free on TfL services from 9am weekdays and anytime on the weekend and on bank holidays.

     

    Interrail

    Those aged 60 or over can get 10% off fares with Interrail, which lets you travel across Europe by train – with the opportunity of visiting over 30 European countries! The discount is obtainable for 1st or 2nd class travel.

    Home and leisure discounts

    You don’t have to exit and about to get discounts for the over 60s! And, if you should leave the comfort of home, you possibly can save a whole bunch yearly on entertainment and leisure activities, too.

    Home

    Save on the running costs of your own home all year long with these discounts.

    Free Gas Safety Checks

    Contact your provider to seek out out in the event that they offer a free gas safety check for over 60s. Gas Secure Register offer a free gas safety inspection for those who’ve had work carried out within the last six months, too.

    Winter fuel payment

    Those born on or before twenty fifth September 1957 qualify for the Winter Fuel Payment – which means money off your winter heating bills. The foundations about who’s eligible and the quantity you may get are very specific so it’s vital to ascertain the web site for the eligibility criteria. As an illustration, a moderately odd requirement is that to be eligible for the 2022-2023 allowance, you should be living within the UK for no less than in the future throughout the week of nineteenth – twenty fifth September 2022 (or the equivalent week in subsequent years). You furthermore mght have to be State Pension age or receive Pension Credit.

    Discounts for repairs and enhancements

    For those who need home repairs, reminiscent of in case your washer gives up the ghost, your local trades may offer an over 60s discount. Ask your mates for recommendations first, or try AgeUk’s Handy Person Services.  Remember, local traders won’t advertise a senior residents’ discount, so it’s at all times price asking!

    Disabled facilities grants

    Over 60s who have to make adaptations to their homes to assist them stay independent could qualify for a Disabled Facilities Grant. So, if it is advisable to install ramps, a stairlift, or convert your bathroom to a wet room, your local council could enable you to pay for this.

    This grant is obtainable to anyone needing to adapt their home – so for those who’re not quite 60 yet (or your partner under 60 needs the assistance), you possibly can still apply! Discover more here or contact your local council to rearrange an assessment.

    Free boilers

    People in receipt of some advantages, reminiscent of Pension Credit or Attendance Allowance, or can prove a low income (reminiscent of living off the State Pension), may get a free boiler.

    Your boiler must be no less than ten years old and never a condenser boiler. If this appears like you, discover more about free boiler grants here  or here for those claiming attendance allowance.You could possibly even be eligible without cost insulation grants to enhance the energy efficiency of your own home.

    A free, latest, A+ rated boiler could make a large difference to your energy use – and the fee of your bills. Old boilers waste numerous energy, so that you’re spending money needlessly. They’re also more liable to breakdown, so cost more in repairs and maintenance, too.

     

    Leisure and entertainment discounts

    Theatre and cinema discounts

    Check your local theatres for concessionary rates for the over 60s. You could possibly also search for cheaper cinema tickets, too. Many cinemas have ‘silver screen’ matinee showings – for instance, the ODEON Silver Screen offers discounted viewings at quieter times from only £4 per ticket (online booking) or £5 a ticket (in person).

    The primary place to search for these discounts is directly with the theatre or cinema. For instance, the National Theatre offers £20 off midweek matinees for the over 60s. The Royal Shakespeare Company has a 20% discount available for the over 65s on all seats for Monday and Tuesday evening performances and all midweek matinees.

    You could find your local newspaper or radio station offers entertainment discounts for the over 60s, too – so it’s well price checking them for information!

    Iceland/THE Food Warehouse 10% off on Tuesdays!

    Every Tuesday, all those that are 60 years old and older can bag 10% off their shop, with no minimum spend, at Iceland and The Food Warehouse. To Redeem the offer, just show one in every of the next:

    • Senior Bus Pass
    • Driver’s Licence
    • The Senior Railcard
    • Freedom Pass (London only)
    ATS Euromaster CLUB 60

    Get a variety of advantages whenever you join ATS Euromaster’s Club 60 Membership:

    • MOT for just £32 or simply £25 with a Service
    • Air Con Recharge for just £49 (R134A gas only)
    • Wheel Alignment for less than £39.49
    • 15% off Servicing, Brakes, Steering & Suspension, Exhausts, Batteries & more
    • 15% off Michelin, BFgoodrich, Avon and Tigar Tyres!

    Check the website for the applying form and at all times read the terms and conditions!

    Abakhan

    10% off every Wednesday for the over 60s! Simply show your bus pass, senior railcard or some other photographic ID with proof of age on the till.

    BOOTS REWARDS

    Over 60s can get additional rewards from their Boots Advantage Card, earning 8 points per £1 on Boots brands and chosen exclusive deals, including 300 points whenever you enroll for a free hearing test!

    Swimming and gym reduced membership

    Keep fit for less! Over 60s receive discounted swimming and gym membership at most leisure centres. Council-run centres may run free exercise classes for the over 60s in a specialised programme to assist older people stay fit and mobile. Remember to ascertain online without cost day or week passes, too – we love Hussle for this.

    Hairdressing discounts

    Your nearest salon or barbers is prone to offer concession rates for the over 60s. Some offer these at any time, while others could have set times or days. Your local mobile hairdresser is price testing, too – they’ll come to your own home on your haircut, so that you don’t should go anywhere! Mobile hairdressers are sometimes cheaper than salons anyway, so add a senior residents’ discount on top and also you’ll get an affordable cut indeed!

    Try your local beauty college, too. They need people to practice beauty therapies, massage, and hair cuts on! Students supervised by experienced tutors will use you as their model, and also you’ll get a free or very-cheap treatment while helping someone’s education, too.

    Restaurant deals for over 60s

    A number of restaurants offer an early dinner discount for over 60s. Search for special offers like a ‘5pm dinner deal’ to make the most. Also, remember to ascertain Groupon for local dining discounts and your Nectar card or Tesco Clubcard for deals, you possibly can often trade your points for money off vouchers at chosen restaurants

    For those who often exit to eat, consider signing as much as Tastecard, too. It’ll offer you 2 for 1 or 50% off deals in a great deal of your local independent and chain restaurants.

    Royal Horticultural Society membership

    The RHS offers greater than £500 off lifetime membership, which incorporates unlimited access to RHS gardens, a free magazine delivered to your door and discounted tickets to garden shows reminiscent of the Chelsea Flower Show. Over 60s membership known as Senior Life and is £935 for people and £1355 for a joint membership.

    heritage discounts

    Benefit from your low cost travel discounts for days out at museums and heritage sites!

    The National Trust gives over 60s (who’ve had a membership for no less than 5 out of the last 10 years) a reduction on their annual and life memberships – making your visits cost 25% less. This is applicable to each houses and gardens, so you possibly can go to any National Trust property across the UK for less. They often offer tea rooms, lovely walks, and guided tours for a mild time out that’s ideal whether you’re on your personal or with family and friends. A number of their properties also allow dogs within the gardens (check the web site upfront) so you possibly can take Rover for a walk, too!

    English Heritage offers joint and individual memberships, however the concessionary rate starts a bit of later, at age 65. For those who’re disabled, regardless of your age, you possibly can bring a carer companion without cost for every visit – so, if you will have a Blue Badge, even for those who’re not yet 65, a membership is basically half price as you possibly can take a guest with you every time. You could possibly also go for Lifetime Membership – though it’s not low cost at £1,350 for people over 65 (£1,650 for under-65s). Nonetheless, for those who often take day trips, an English Heritage site average entrance fee is around £8 – so any membership tier is well worth the investment! Some sites, like Stonehenge, are around £26 each – so it’s easy to see how quickly your savings add up.

    Kew Gardens offer concessions to those over 65 (it’s possible you’ll need to point out some type of identification with proof of age for admittance).

    The Ramblers Association

    For those who are over 60 you’re eligible for a concessionary rate for lifetime membership – phone 020 3961 3300 and speak to a member of the team for more information.

    Free and discounted Museums

    A number of museums and art galleries across the UK are free entry for everybody. The Natural History Museum, Science Museum, and V&A in London are classic examples. Nonetheless, every major city has no less than one free entry museum!

    In addition they offer concessionary discounts for over 60s on ticketed exhibitions and events. Paid-for museums may even offer a lower rate for over 60s on their entrance fee – and, again, if one in every of you is disabled you possibly can often take a carer companion without cost, too.

    Get the financial advantages you’re entitled to:

    Here’s a run-down of the financial advantages it’s possible you’ll be entitled to – simply click on the one you’re all in favour of to skip to that section:

    State Pension 

    You’re entitled to a State Pension whenever you reach the suitable age.

    For years the State Pension age was 65 for men and 60 for girls, but this figure is steadily rising. In 2024 the State Pension age is 66 for each men and girls, with plans to boost it even higher in the long run. For those who’re in any doubt as to when you possibly can start claiming your pension, use Gov.uk’s easy State Pension Age Calculator.

    State retirement pensions are based in your National Insurance contributions throughout your working life. What number of you wish is determined by the variety of State Pension you possibly can claim.  Everyone over the age of 80 can claim the Over 80 pension, though, even without NI contributions. It is a total of £85 per week. For those who get a reduced State Pension below £85 per week, you’ll get the Over 80 Pension to top you as much as that quantity.

    Basic State Pension

    For those who’re a person born before sixth April 1951, or a girl born before sixth April 1953, you’ll get the Basic State Pension. It is a maximum of £156.20 per week within the 2023/24 tax 12 months.

    Annually, the quantity is assessed and goes up in step with either the rise in average wage earnings within the UK, or the share growth in consumer prices, or 2.5% – whichever is highest.

    You could have no less than 30 full years of National Insurance contributions to say the total Basic State Pension.

    Recent State Pension

    For those who’re a person born on or after 6 April 1951 or a girl born on or after 6 April 1953 you might be getting the latest State Pension.

    • The total Recent State Pension is £203.85 per week.
    • You would like 35 qualifying years of National Insurance contributions or credits to get the total State Pension. If you will have lower than 35 years it’s possible you’ll get a smaller amount, but you’ll often need no less than 10 qualifying years in your National Insurance record to get any latest state pension.

    Discover more concerning the Recent State Pension changes here.

    Are you missing a pension?

    As we move homes over time, and alter jobs, it’s easy to ignore old company pensions we paid into aeons ago. Forgetting to update your pension provider together with your latest address, for instance, means you won’t get your annual statements within the post. Without such reminders around, it’s not hard to see why there’s an estimated £19 BILLION in forgotten pension pots!

    Trace old pensions on the Government’s Pensions Tracing website. You never know, there is likely to be an old pension hanging about from an organization you worked for years ago, so discover if you will have money just waiting to be claimed.

    Pension Credit 

    For those who’re on a low income it’s possible you’ll be entitled to Pension Credit. That is made up of two parts and no tax is payable on either:

    • Guarantee Credit – that is for people over 60. It guarantees an income of no less than £201.05 per week for those who are single, or £306.85 per week if you will have a spouse or civil partner.
    • Savings Credit – this rewards over 65s who’ve saved towards their retirement. It pays as much as £15.94 per week for those who are single or £17.84 per week for those who’re married or have a civil partner.

    If you will have reached State Pension age on or after 6 April 2016 and are on the brand new flat rate pension, it’s possible you’ll still be eligible for the Guarantee Credit, but won’t receive Savings Credit.

    Follow this link for further details about Pension Credit, and use this Pension Credit calculator to see how much you may be entitled to.

    Council Tax Reduction and Housing Help

    You could have the opportunity to get help with paying your council tax through claiming Council Tax Reduction.  For those who are a tenant it’s possible you’ll have the opportunity to get help with paying your rent through claiming Housing Profit. Each Council Tax Reduction and Housing Profit are paid by your local council.

    For those who live with someone with a severe physical or mental impairment – reminiscent of Alzheimer’s – you may qualify for additional Council Tax discounts and financial support out of your local authority.

    You may contact your local council and ask about Housing Profit and Council Tax Reduction or use Gov.uk’s easy Advantages Adviser Tool.

    What you get is determined by:

    • Where you reside – each council runs its own scheme
    • Your circumstances (e.g., income, number of kids, advantages, residency status)
    • Your household income – this includes savings, pensions and your partner’s income
    • Whether your kids live with you
    • If other adults live with you

    For people claiming Pension Credit you’re entitled to maximum Housing profit and Council Tax Support

    For those who are an owner-occupier it’s possible you’ll be entitled to assist with mortgage interest or service charges through Pension Credit

    Funeral payments 

    For those who are receiving Pension Credit or Housing Profit, it’s possible you’ll be entitled to assist with funeral costs should your partner die – even when you will have savings.

    The Funeral Expenses Payment offers as much as £1000 and may cover needed burial or cremation fees, funeral director’s fees, the coffin or flowers. If the deceased had a funeral payment plan in place, you possibly can apply for a maximum grant of £120 to cover costs of things not paid for by their plan.

    You could claim inside six months of the funeral, and the Funeral Payment should be repaid from the estate of the deceased if there’s money of their estate. In the event that they had no assets or capital, the grant doesn’t should be repaid. Go to Gov.uk for more information or download the Funeral Payment claim form.

     

    Winter Fuel Payment

    Those born on or before twenty fifth September 1957 qualify for the Winter Fuel Payment – which means money off your winter heating bills. The foundations about who’s eligible and the quantity you may get are very specific so it’s vital to ascertain the web site for the eligibility criteria. As an illustration, a moderately odd requirement is that to be eligible for the 2022-2023 allowance, you should be living within the UK for no less than in the future throughout the week of nineteenth – twenty fifth September 2022 (or the equivalent week in subsequent years). You furthermore mght have to be State Pension age or receive Pension Credit.

    And don’t forget to see for those who can lower your expenses by switching your utilities provider. Nine out of ten individuals who use our comparison tool can lower your expenses on their bills – in actual fact the common customer can save £207 by switching. Use our comparison tool so you possibly can lower your expenses today

    Cold Weather Payment

    For those who’re eligible for Pension Credit or certain other advantages, you may be entitled to Cold Weather Payments too.

    These payments are designed to assist cover your heating costs when the weather gets extremely cold between 1 November and 31 March. You’ll receive your Cold Weather Payment entitlement of £25 in case your local temperature is recorded or forecast as being on average 0°C or below for seven consecutive days. As payment is automatic you don’t have to worry about making a claim, but for those who think you’ve missed out tell the Pension Service or Jobcentre Plus.

    attendance allowance

    Lots of over-65s don’t realise that they’re eligible for a weekly payment from the Government in the event that they need assistance with personal care throughout the day or night (or each).

    This known as ‘Attendance Allowance‘. You have got to want regular help due to an illness or disability. It’s only for individuals who’ve reached state pension age, though. For those who’re under 66, it’s possible you’ll be eligible for Personal Independence Payment as a substitute, which is an analogous profit for those not yet sufficiently old.

    You may claim Attendance Allowance if:

    • You’re of State Pension age (even for those who’re not claiming it yet)
    • Someone helps you with personal care, reminiscent of getting washed or dressed, or supervision to maintain you protected throughout the day or night
    • You have got any variety of disability or illness, including sight or hearing impairments, or mental health issues reminiscent of dementia
    • you’ve already required help for no less than 6 months. (For those who’re terminally unwell you possibly can make a claim right away.)

    There are two forms of Attendance Allowance:

    1. £68.10 per week for those who need assistance throughout the day OR throughout the night
    2. £101.75 per week for those who need assistance each day and night or for those who are terminally unwell.

    The advantages of Attendance Allowance:

    • It’s tax-free
    • You should use it in any way you want to fulfill your needs and stay independent in your personal home
    • The cash doesn’t should be spent on a carer. For instance, if a weekly cleaner would enable you to, that’ll help pay for it.
    • Claiming Attendance Allowance won’t reduce some other income you receive.
    • It could entitle you to further advantages, reminiscent of Pension Credit, Housing Profit or Council Tax Reduction, or a rise in these advantages for those who’re already receiving them.
    • Attendance Allowance isn’t means-tested so it doesn’t matter how much income and savings you will have.

    To assert:

    • Call the Attendance Allowance helpline on 0800 731 0122 (textphone: 0800 731 0317) to get a form
    • Or download it from the GOV UK website:
    • Write on the shape about how well you possibly can address basic activities, like moving across the house and going to the bathroom. Be very clear about how difficult it’s so that you can cope on your personal in order that those reading it know that you just need extra help. If you will have a fluctuating condition, like rheumatoid arthritis, write the way it affects you in your very worst days.

    REMEMBER…

    For those who’d like several help checking out whether or not you’re owed advantages, call Age UK without cost on 0800 055 6112. Simply because you haven’t been in a position to claim previously doesn’t mean you won’t have the opportunity to now – and also you’ve got nothing to lose by asking.

    Age UK also offer a  FREE online booklet which is able to guide you thru the way to apply for advantages. Make essentially the most out of resources like this as they really can prevent a packet. Claim your free booklet right here.

    Also, see what b advantages you may be entitled to through the use of the advantages calculator at

    Get more out of your savings

    Savings products geared toward the over 60s have grown in recent times, particularly online savings accounts. You don’t even need a pc to access them: some great savings apps, like Moneybox, might be operated out of your cell phone. These apps are great for ‘sweeping’ money into savings, too: they’ll round up your spending to the closest pound. The ‘spare change’ goes into your savings pot, so it’s at all times topped up here and there.

    Don’t forget, you possibly can save as much as £20,000 per tax 12 months (April sixth to April fifth) in ISAs without paying tax on it. This might be split between a Money ISA, Stocks and Shares ISA, and an Progressive Finance ISA – or put the whole thing in one in every of them – it’s as much as you!

    Rates of interest are still historically pretty low right away – and you could have seen your pension pot decrease dramatically recently. Try to not panic: the market goes down, nevertheless it has to go up again, too! For those who’re nervous, move your money right into a savings account moderately than any stocks and shares you could have. Nonetheless, returns are bad lately, with around a 1% rate on most easy-access accounts. You may lock in money for a couple of years to get a greater rate – but even then, it’s only around 2% for many accounts. Try our savings articles for more information!

    Insurance policies for over 60s

    Many insurance firms offer special policies for the over 60s. Whether you wish medical, travel, automotive, or home insurance, check with providers to seek out out in the event that they offer a reduced rate. You could also find that you just’ll get a good higher deal by ‘bundling’ your insurance policies with the identical provider – reminiscent of home and automotive insurance together. It also means you pay one premium a month, moderately than numerous different ones, so it’s much easier to maintain track of what’s going out of your account!

    Life insurance policies goal the over 55s, but be certain you read the nice print. You could find that they won’t pay out inside a certain ‘qualifying period’ which might be as much as a 12 months. Other policies might be invalid for those who don’t declare any pre-existing health conditions, too.

    Get cheaper home insurance

    For those who’re 60 or over, you possibly can often profit from cheaper home insurance.

    Many corporations offer special discounts to this market, as they recognise that older people generally make fewer and smaller claims. So, to reflect that, they provide cheaper policies (especially for those who live in a low-crime area). Some insurance providers also offer higher buildings and contents cover and/or latest for old alternative on damaged or stolen items.

    It’s price using our free comparison tool to get a broad sweep of the market. Keep in mind that not every insurance provider is roofed by a comparison tool website – so it’s possible you’ll need to check quotes directly with individual providers like Direct Line.

    Other home insurance providers to look out for include AgeUK and SAGA. Each offer policies for over 60s that give peace of mind and value for money.

    For more ways to lower your expenses on your own home expenses, download our free eBook – ‘101 Tricks to Save Money within the Home’. This will provide you with ideas on the way to cut your costs in your kitchen, garden, bathroom, bedroom and more.

    Best travel insurance for over 65s

    We get asked so much about travel insurance for over 60s, so we’re at all times looking out for nice offers. There are deals to be found, as an illustration Staysure offers tailored travel insurance to cover any pre-existing medical conditions, nonetheless it could actually be hard to seek out cover the older you get.

    Finding it tough to get cover?

    Many travel insurance providers have restrictive criteria for older people, because they’re more prone to have health problems. Many won’t insure you for those who’ve already got a serious condition, or you may find medical cover extortionate.

    There ARE policies on the market that cover over 60s with pre-existing medical conditions, though. AllClear, for instance, accepts over 60s with medical conditions for each single and multi-trip cover. Before you sign a contract with ANY travel insurance company, be certain you read ALL the small print within the policy contract. It’s tedious – but essential – as many could have hidden clauses that’ll get them out of refunding you.

    For more information, we’ve got an entire article dedicated to cheaper travel insurance for over 65s – it’s got every little thing it is advisable to know, so have a look.

    Also, for those who’re fit, healthy and haven’t claimed on a travel insurance policy for some years, you must also just look on the open market. Try our comparison table for travel insurance and see what’s on offer!

    Remember – given the present state of the travel industry, be certain your insurance covers delays and cancellations, strikes and likewise try their Covid cover!

     

    NEW! Moneymagpie Top Tip

    Whatever you’re doing, but particularly for those who would really like to take out a brand new bank card or loan, it’s essential to have credit rating. For those who’re unsure what yours is, or for those who suspect it’s a bit poor, you possibly can check it for FREE.

    In reality, check your credit rating FREE without end courtesy of Experian

    If yours is low they will provide you with advice on the way to improve your credit standing, in addition to providing you with help to administer your report. You furthermore mght get access to expert suggestions and tools and the possibility to seek out out your credit rating.

    “But does it really matter that my credit standing is poor?”

    It matters very, very much. Having a poor credit standing could stop you from getting a loan or a good bank card deal. It could also mean you find yourself paying extortionate rates of interest on any financial deals that the bank is ready to give you. Insurance policies also check your credit report – so you may pay a LOT more in premiums in case your rating is low.

    See our recommendations on the way to clean up your credit record.

     

    NEW! Helpful money-making ideas for over 60s

    It’s lovely and simple for over 60s to generate income now. You don’t even have to go away home! For instance, online surveys are a improbable technique to generate income on the side for minimum effort.

    They’re also a MoneyMagpie Reader Favourite (1000’s of you will have signed-up), so for those who haven’t joined already we actually recommend that you just give them a go. Sign yourself up to those FREE online survey sites today – the more you enroll to the additional cash you possibly can make.

    Listed here are the very best ones…

    Top Tip! NEVER pay to hitch an internet survey site – use the businesses we’ve beneficial above and also you won’t should part with a penny. Discover every little thing it is advisable to find out about earning money from online surveys right here.

    Discover lots more fun ways for over-60s to generate income here.

    More Useful Reading

    Intend to make and save yet extra money? Try these lovely links!

     



    Source link

    RELATED ARTICLES

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Most Popular

    Recent Comments