Do not lie on insurance forms, says Saga

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Do not lie on insurance forms, says Saga

Saga has advised older travellers to declare everything they need to on their insurance forms as their policy provider will need to know all their details.

A spokesperson from the financial services provider pointed out that it does not mean that people will be denied cover if they mention an illness.

He explained that an underwriter needs to understand the risk before an appropriate price for a policy can be offered, but equally, a traveller needs to know what they are covered to do while on holiday.

"It is important to make a full declaration to your insurer and to read the cover so you understand what you are buying," he said.

The representative made it clear that he felt leaving any information off of an insurance form is deceit, which would mean the policy becomes invalid.

Figures released by Age Concern Insurance Services recently showed that the highest claim it has paid out is £117,000 when somebody had heart failure in the United States, which includes medical expenses, repatriation costs, and cancellation and curtailment fees.

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