According to VisitorsCoverage, a leading travel insurance provider, you can save up to 20% or more on travel insurance if you purchase a group plan rather than individual ones for the same coverage amount and benefits. Besides being cheaper, group travel insurance is also much more convenient to buy and avail benefits from. For instance, instead of filling up individual forms for all members of a group, you fill up a single form. And all travelers insured under a single master policy are provided individual ID cards to make administration easier.
Group travel insurance, like individual insurance, has a variety of offerings to suit your group’s needs. There are group travel medical insurance plans for colleagues traveling together, multi-trip group travel insurance for a team that travels together often, specially designed group travel insurance for business travelers or simple ones for a basic leisure trip with your friends.
Here’s a look at some of the best plans for a trip to the United States.
Travel Insurance Plans for Your Group
If you are a group of 5 or more people, intending to travel outside of your home country for a duration ranging from five days to one year, this is a plan that offers you great discounts. Both US and non-US citizens can avail benefits such as $0, $100, $250, $500, $1,000 or $2,500 worth of deductibles, per certificate period. And overall maximum limit per certificate of up to $10,000 for individuals aged 80 years or older, $50,000 for 70 to 79 years of age and $50,000, $100,000, $200,000, $500,000 or $1,000,000 for all others insured. Read the policy brochure to know more.
This plan provides you and your fellow travelers temporary medical insurance, if you all are traveling outside your home country and are a total of 5 or more US or non-US citizens. This plan also allows you to extend the coverage period for up to 2 years (if initially purchased for one month) in case your trip is extended. The Patriot International Group plan covers US citizens traveling overseas, including protection during brief returns to the United States. Non-US citizens traveling outside of their home country can also be protected under the Patriot America Group plan. Individual deductible options under this policy are 0, $100, $250, $500, $1,000, $2,500, while the maximum limit options are $50,000, $100,000, $500,000, $1,000,000, $2,000,000 (US citizens only).
While buying a travel insurance plan for your entire group, you must keep a few other things in mind, such as whether you have sufficient members for a policy, whether all members are beginning and ending their journey together, and whether each member is eligible to be insured under the policy you choose.
Also read: Best group insurance plans for Europe.