Group Travel Medical Insurance Coverage Are Affordable

March 3, 2010 | Leave a Comment

International travel is expensive, so any chance to save money is always welcome. If you’re traveling in a group, you may want to consider tour group travel insurance. It offers you two great ways to save money during your travels.

The first way tour group travel insurance saves you money is by sharing the cost of medical insurance with the other people in your group. Rather than paying full price for several individual insurance policies, you and your fellow travelers can get a discounted price by buying one policy to cover your entire party. Therefore your own personal cost is minimized.

Second, you can save money when you actually use your travel insurance for groups policy. Since the insurance policy you currently have probably doesn’t cover overseas activity, you’d face very high medical costs when traveling as an uninsured person.

But group travel medical insurance saves you from paying those high costs. It works just like your typical insurance policy, paying 100% of your coverage after the deductible has been met. And you can set your own deductible ranging from $0 up to $2,500, depending on what you’re comfortable with.

Group travel insurance is ideal for missionary groups of five or more people who may be concerned about the state of countries they are visiting. It covers standard medical expenses as well as extreme circumstances like evacuation expenses, terrorist attacks, and natural disasters.

Age plays an important role in determining your coverage level. Groups where all travelers are below the age of 70 will have a maximum of $1,000,000 in coverage, whereas groups with members between 70 and 75 will have a maximum of $50,000. Groups with members 80 and over will be limited to $10,000.

The length of your international travel group insurance plan can be adjusted as well. If you’re planning a shorter stay, plans are available for as few as five days. Plans of up to 12 months are available for those staying longer.

You’ll find that for groups of five or more, group medical insurance is the most economical way to provide your party with healthcare coverage while traveling. Not only will you save on the cost of the plan itself, but you’ll avoid those high costs of service that come with being uninsured.

Dan Miller often writes about travel insurance.

Posted by Dan Miller | Filed Under Travel Tips 

Next Page »

Philippines Hotel | Cebu Hotell | Cheap Hotel in Makati | Paranaque Hotel | Gensan Hotel