Group Travel Insurance, Travel Insurance for Group

If you are a group of 5 or more people traveling outside your home country, you should consider group travel insurance plans, which offer the same benefits and coverage as individual travel insurance policies.

Requirements of a Group Travel Insurance, or Group Trip Insurance Policy :

• Number of People: Number of insured should be more than 5
• Travel Together: Everyone in the group should have the same start date end date for the policy
• Insurability of Each Member: All the members in the group should meet the basic eligibility criteria for a particular travel insurance policy.

The Advantages of Group Travel Insurance Policies Are:

• Discounted and Cheaper Rates: The most significant advantage of travel insurance for group policy is that it costs less compared to the total of individual policies for each member of the group. The group plans may offer the same coverage amounts benefits but can be cheaper by about 10-20% or more depending on various factors.
• Easy Administration: For one group of travelers, you would need to fill out one form rather than filling them out individually. One master policy is provided with individual ID cards for each traveler.

Some of the known group travel insurance policies are:

Atlas Group Travel Insurance