There is nothing more fun than travelling in a group. The noise, the excitement, sharing new experiences, and creating lasting memories with all of your loved ones—it is an experience unlike any other. But whether you are going on a couple of day-long trips within India or several days-long vacations outside India, it is important to avail yourself of the right group travel insurance for a safe and secure trip for all travellers.
From the loss of checked-in baggage, trip cancellation, and personal accident to personal liability and medical emergency, these are some key events and risks individuals and travellers can experience regardless of their age or health conditions, thus requiring a safety net or a way to secure themselves from the impact of these risks. Keep reading to find out all you need to know about choosing the right group travel insurance policy for your upcoming trip.
What is group travel insurance?
Group travel insurance is a type of insurance specially designed for group travellers. It enables them to travel freely without worrying about particular events that could result in financial loss and a negative travel experience by covering all individuals in a single comprehensive policy, such as missing a connecting flight due to a delayed primary flight, trip cancellation due to unexpected circumstances, or a traveller facing a medical emergency.
Just like a regular travel insurance policy, a group insurance policy covers individuals from the financial impact of dozens of events and risks, which can result in financial loss and a negative travel experience. This protection is offered as compensation or reimbursement for the additional expenses to deal with these risks. However, with travel insurance, it is possible to mitigate the financial impact of these risks and travel freely while accessing quality healthcare without worrying about additional expenses.
Why is group travel insurance beneficial for a large group of travellers?
As a group travel insurance policy covers all individuals in a single policy, it is recommended that all travellers planning on travelling in groups larger than three should avail of travel insurance for groups to benefit from the policy. Not only is a group travel insurance policy convenient, but it is also cheaper and more cost-effective than purchasing individual policies for each traveller while offering the same coverage for all members. This makes group travel insurance an excellent option for several individuals planning a trip together.
In addition to this, as it is possible to buy group travel insurance within minutes from anywhere at any time, it is also timely and beneficial for last-minute travellers.
How do you choose the right group travel insurance coverage?
Choosing the right coverages for your travel insurance needs is an essential step to purchasing the right policy, as if you face an event or risk which is not covered, you will not be able to claim settlement for it. Whether it is availing the right add-ons or choosing a policy that fulfils your necessary coverages, there are a number of reasons why it is essential to assess your needs and compare the offerings of the insurer to purchase the best policy for your trip.
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Trip duration
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Trip destination
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Requirements from the destination, such as medical evacuation, medical emergency, and repatriation coverage
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Scope and extent of coverage offered by the insurer
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Any specific add-ons provided by the insurer, such as pre-existing medical conditions or adventure sports coverage
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Exclusions of the policy, such as pre-existing conditions
Conclusion
Once you have assessed the above factors, you can determine the right policy for your specific needs and purchase it from a leading, reliable insurer such as Niva Bupa, which has comprehensive travel insurance policies designed for the unique needs of Indian travellers. So whether you are planning an expensive group travel or a short trip with friends, choose the best group travel insurance policy for your group and travel freely with confidence and peace of mind, secured from dozens of medical and non-medical travel-related risks.