Guide to Group Travel Insurance

If you're organising a trip for a group of people, you shouldn't overlook the need for a group travel insurance policy. Arranging individual travel insurance for each person in the group would be a logistical nightmare and rather costly. Plus, of course, if you leave it up to each individual, you'll always find one or two who have forgotten to arrange their travel insurance cover. This is where a group travel insurance comes into play.

Group travel insurance provides the necessary cover for everyone travelling without the hassle of separate travel insurance policies. As you'd expect, a group travel insurance policy will also give you a cost saving in comparison to buying the same cover individually. When you take out a group travel insurance policy, you're effectively buying in bulk and your premium should reflect that.

Group travel insurance through your travel agent

When booking a group trip, it's likely that you've been offered group travel insurance as part of your holiday package? Thinking about accepting it? If so, don't!

Travel agents selling travel insurance (including group travel insurance) are currently not regulated. As such, they tend to hike up their premium and provide you with very little cover - whilst the whole point of buying group travel insurance is to save money!

You'll normally find the premium for a group travel insurance product is hidden in the holiday package small print. If so, ask for this to be removed. It is illegal for any travel agent to insist that you buy a group travel insurance policy through them. You are free to buy this protection from anyone you wish.