Insured Trips in Larger Groups: The Benefits of Cancellation Insurance for Group Travel

Benefits of cancellation insurance for groups

The advantages of travel cancellation insurance for groups vary depending on the scope of the insurance taken out. Usually these are:

• Reimbursement of cancellation costs in the event of non-commencement of the trip
• assumption of the additional costs for the outward journey and the unused travel services in the event of a delayed start of the journey
• acceptance of any rebooking costs
• Free choice of medical doctors at the resort
• Medical repatriation to the home country
• Cost savings versus individual insurance for each group member
• Small effort at the conclusion, since only one person takes over the booking of the insurance for everyone

As a rule, groups of three to 150 people can be insured together. However, not all insurers always offer the right tariff in individual cases. Before taking out travel cancellation insurance for groups, you should check the offers of various insurance companies for the following parameters to find the right policy:

• Number of participants: Some providers only insure groups of ten people or more, others of two people or more.
• Kind of trip: Some insurers make a distinction between train and bus travel and the insurance cover does not apply to all types of travel.
• Excess: Most insurance companies offer tariffs with and without a deductible.

Insurers usually differentiate according to the number of travel participants and offer different conditions in each case.

Groups of up to four people

If you are traveling with up to three people, you can usually insured under a joint policy leave – and thus protect each other. This means: If one person cannot start the trip, the others can also withdraw from the trip without having to bear the consequential costs.

Groups up to six people

The following applies to groups of five or more people: If one person is absent, the insurance does not cover the cancellation of the entire group, but solely bears the costs of the absent person – including those of family members traveling with them, if applicable. So mutual protection works only with relatives, not with friends and colleagues. Only the person who cannot travel with you can take out travel cancellation insurance.

Groups up to nine people

Most insurance companies offer offers for groups of up to six and groups of up to nine people. However, the difference between the scope of services usually lies in a simple formality: for groups of six to nine people two applications filled out be, for example, an application for four and an application for five people. As a rule, mutual insurance cover only applies to relatives.

Groups of ten or more people

Many insurance companies only understand groups of ten or more people as a classic travel group. They hold for this group size Insurance with special conditions ready and ready when the trip is scheduled to go ahead even though one person is unable to take part. Insurance costs vary and usually depend on the price of the trip. And no matter how big the travel group is: You should definitely compare tariffs and offers of insurers, in order to be able to select the cheapest and most suitable insurance.

Many insurance providers do not only differentiate according to the size of the group or the type of trip. Travelers can often choose between insurance policies with or without a deductible in the event of a trip cancellation. It is recommended to use the so-called exclude deductible. Because this can be up to 20 percent or up to a quarter of the cancellation costs, insured persons have to pay for this share themselves if they choose the deductible option.

insurance tariffs without deductible are more expensive, But they are particularly worthwhile for high-priced trips: the travelers are financially secure in an emergency because the insurance company reimburses the high cancellation costs.

If you are traveling with a group, you should think about the right insurance cover before you travel. Travel cancellation insurance for group trips can be useful if not everyone can come on the trip as planned. The insurance benefits and premiums vary depending on the provider, so a comparison is worthwhile. You should keep factors such as the size of the group, the type of trip and the question of the deductible in mind.