Travelling is a recreation that takes the life out of the routine life style. Travelling enables us to know new areas, different life styles and many others. Most of the times, people prefer travelling in a group to travelling individually. Going in group, with nears and dears, is a great experience that reminds as a sweet memory of the life.
Other than the enjoyment, there is also the possibility of certain situations during travelling that may disturb not only the enjoyment but may leave the one helpless. One must be careful regarding the unpredictable unfortunate things like missing the boarding, losing the baggage or sudden requirement of medication during the journey. One can’t be much prepared financially every time for such kind of loss and needs an assurance for safe and happy journey. Group Travel Insurance is one of the preventive actions that assure one to get recover from such things.
Just like other travel insurance plans for individuals, Group Travel Insurance also allows taking the benefits of travel insurance but for the whole group together. The group travel insurance covers most of the unforeseen misfortunes like loss of baggage, cancellation of trips or delay; medical and health related emergency expenses etc. The policy members need not be the members of same family.
The reasons may be several like all the relatives may plan to attend the marriage and travel together or few of the families may plan a group tour or few of the senior citizens may plan the visit to the holy places or few students may wish to go for an educational tour. The group travel insurance guarantees the insurers a peaceful journey.
There are no different kinds of plans offered as the main motto of the insurance is same. This type of insurance is offered by several insurance policy companies that vary in covering issues. The plans basically vary due to the purpose it is planned for. The following are few of the types of the plans available:
This plan is very suitable for students and senior citizens who plan trips in groups like excretion or visit to holy places. Large groups that contain twenty or more travelers can opt for the plan which covers most of the travel and medical insurance requirements. Trip cancellation, interruption or delay, loss of baggage, urgent medical treatment requirement and evacuation are the major aspects that the plan covers.
Few other companies also cover personal accident, loss of cash, passport loss, replacement and rearrangement of staff, financial emergency assistance and accidental death insurance.
Other than the policy offered for a group of people for a trip, there are few other plans that are offered for individuals that cover policy for multiple trips during the period. These plans are grouped under the name of "Group travel policies" by few of the companies. These plans cover majorly the health care aspects. Some of them are:
This kind of plans are usually opted by the corporate companies which send the employs to abroad frequently. As per the plan, the member takes the insurance only once and the insurance is applied for multiple travels, till the mentioned date.
This plan is for the person who travels abroad frequently. This gives freedom from taking the individual policy at the time of journey, every time. This could save around 40% of the cost.
There are several benefits to mention. Few of them are