Calculator
Tip: choose annual for frequent travel, or single trip for one journey.
Example data table
These sample rows demonstrate typical inputs and outputs.
| Plan | Age | Region | Days | Medical | Trip cost | Total premium |
|---|---|---|---|---|---|---|
| Single trip | 65 | Europe | 14 | $250,000.00 | $3,000.00 | $70.94 |
| Single trip | 72 | Worldwide (including USA) | 21 | $500,000.00 | $6,500.00 | $445.12 |
| Annual multi-trip | 80 | Worldwide (excluding USA) | Annual | $1,000,000.00 | $2,500.00 | $1,353.73 |
Formula used
This calculator estimates premium using a factor-based pricing model:
- Age factor: increases as senior age bands rise.
- Region factor: adjusts for typical medical costs by location.
- Medical limit factor: higher limits increase expected claims.
- Deductible factor: higher deductible reduces premium.
- Pre-existing factor: higher risk categories cost more.
- Add-on factor: cruise, sports, and rental options raise risk.
How to use this calculator
- Choose your currency for display.
- Select single trip or annual multi-trip.
- Enter age, travelers, and destination region.
- Set medical limit, trip cost, and cancellation percentage.
- Pick deductible, baggage limit, and pre-existing status.
- Enable optional benefits if needed.
- Press Calculate premium to view results above.
- Use Download CSV or Download PDF for records.
Age bands and medical risk weighting
This calculator uses senior age bands from 60 to 99 years. Each band applies an ageFactor that scales medical premium. For example, ages 60–64 use 1.00, 70–74 uses 1.45, and 80–84 uses 2.15. Ages 85–90 use 2.80, and 91–99 use 3.40. Costs scale with travelers. Single-trip estimates use 1.35 per traveler-day; annual plans start at 180 per traveler.
Destination region cost multipliers
Medical pricing is also multiplied by a regionFactor. Domestic trips are discounted at 0.85, Asia is 1.00, Europe is 1.20, and North America is 1.30. Worldwide excluding USA uses 1.35, while Worldwide including USA is 1.60. These multipliers let you compare regions consistently.
Coverage limits, deductibles, and trade-offs
Medical limit selection changes premium via a medicalLimitFactor, ranging from 1.00 at 50,000 to 1.80 at 1,000,000. Deductibles reduce cost with a deductibleFactor: 0 is 1.00, 500 is 0.90, and 2,000 is 0.72. Annual plans apply a maxTripFactor: 30 days is 1.00, 45 days is 1.25, and 60 days is 1.40. Higher deductibles lower premium but raise out-of-pocket exposure.
Trip value protection and baggage modeling
Trip cancellation is priced from coveredTripCost, calculated as tripCost × cancellationPercent. The model uses a cancelRate of 0.40% plus a light age adjustment, so larger prepaid trips drive higher cancellation costs. Baggage is priced at 0.12% of the selected baggage limit per traveler. Delay and gadget options add fixed amounts. Cruise, adventure, winter sports, and rental options apply 1.15, 1.20, 1.15, and 1.05. For longer single trips, a longTripFactor rises after 30 and 60 days.
Reading the estimate and planning next steps
The final estimate combines additive premiums, applies risk factors for pre-existing conditions, smoking, and selected add-ons, then adds an admin fee and tax rate. Use the breakdown to see which levers matter most: medical limits, region, and age typically dominate. Save scenarios to CSV or PDF, then compare insurer wording, exclusions, and screening before purchase carefully.
What does the total premium include?
It includes estimated medical cover, selected add-ons, an admin fee, and your optional tax rate. The breakdown shows each component so you can see which benefits and risk factors move the price most.
How does age affect pricing in this model?
Age changes the ageFactor applied to medical premium. Higher bands increase the estimate because claim probability and severity typically rise with age. Try nearby ages to see sensitivity before choosing benefits.
Why does the destination region change the estimate?
Regions use different regionFactors to reflect typical healthcare cost levels. Higher-cost regions raise expected medical claims, so the same medical limit will price higher. Switch regions to compare the impact directly.
How is trip cancellation coverage calculated?
Covered trip cost equals trip cost multiplied by your cancellation percentage. The calculator then applies a small rate to that covered amount, with a light age adjustment, so larger prepaid bookings cost more to insure.
How should I model pre-existing conditions?
Select the closest category: none, stable, managed, or complex. The calculator applies a higher factor to reflect increased underwriting risk. Real insurers may require medical screening, waiting periods, or exclusions.
What do the CSV and PDF downloads contain?
They include your inputs, premium totals, and a labeled breakdown. Downloads are based on the last calculation saved in your session, making it easy to compare scenarios and store records for budgeting.