Markerstudy and travel insurance specialist Voyager have teamed up to offer low cost travel insurance to people under the age of 66.
The companies said their research showed that claims from the over 65's could cost up to five times more than other groups. This meant their cover could offer big savings to younger travellers, they said.
They added that the move would also offer the intermediary an important new weapon in the face of the direct operators, "especially as the cover can be offered readily to the great majority of the public".
Markerstudy Group managing director, Kevin Spencer said: "The research told us that younger holidaymakers were subsidising the elderly and were simply paying too much for their insurance".
"So we are giving our brokers a policy which will compete and beat the direct sellers".
Markerstudy's Voyager policy provides, as standard, £5m medical and £1500 baggage cover, free cover for spur of the moment activities and 24-hour emergency service through International Medical Rescue.
