Hip protector (10) worn primarily by the elderly, preventing / reducing hip fractures, resulting from a fall. The protector is made of all-soft materials using a matching pair of hip protective holsters (14 / 24) interconnected by a waist encircling belt (16) from which a pair of protective pad pouches (20) are suspended in the holsters over the user's hips and secured in place by leg encircling bands (18 / 26). The protective pouches include foam bodies (54) with underlying, intermediate, spacer elements (42) and a bottom cover (50), all in combination creating an enclosed, moisture-holding, air chamber (80). The protector is worn under clothing (under pants, bed clothes or swimming trunks, etc.), light weight, easily put on & removed, does not interfere in daily living (sleeping, usual body movements, restroom or bathing activities, etc.), and, when the user sweats, the surface of the user's skin under the hip protector is maintained dry using “one-way-moisture flow” material.