17:27 04 February 2013
If you’re travelling to another county with five or more companions, one thing that you shouldn’t leave without is a group travel insurance. This will provide protection for all of you in case some unforeseen events take place while you’re abroad.
The good thing about getting group travel insurance is that it provides you with huge discounts compared to getting individual insurance. However, you’ll still get the same level of protection. International group travel insurance usually covers standard medical expenses, lost baggage, trip cancellation, etc.
Group insurance plans are basically the same as regular travel insurance. There are single-trip coverage as well as multi-trip coverage depending on your needs. They can also include add-ons for additional cost. For example, if your group is into extreme sports, you can apply for that specific coverage.
When taking out group travel insurance, it’s crucial that you shop around and compare. Why? It’s because two companies offering the same coverage may charge very different price. Getting what you need without burning a hole in your pocket is surely important to all of us.