Group Travel Insurance for Employees

Are you planning a trip with multiple travellers? Then, the group travel insurance, also known as travel prime group policy from Bajaj General Insurance, is ideal to provide you with comprehensive and cost-effective protection under one policy.

Designed for corporate travel, student tours, and family trips, keep reading to get the complete details on this insurance plan.

Group travel insurance is a type of travel insurance plan that protects a group of travellers from unforeseen risks on a trip. Unlike an individual or family travel insurance plan, this policy’s coverage benefits extend to a large group of travellers, who may not be related.

However, the add-ons and optional benefits available under standard plans, such as pet stay or advanced baggage tracking, may not be included under a group insurance policy.

How Does Group Travel Insurance Work?

There is a functional difference between group travel insurance and basic travel insurance plans. To understand that, check out how this insurance works.

1. Group Formation: To buy this policy, family members, employees or friends form a group and determine the travel dates, destinations, and the number of travellers.

2. Quote & Policy Purchase: Afterwards, these groups of travellers approach an insurer for a group quote by providing their traveller details and paying one consolidated premium.

3. Policy Issuance: After the payment confirmation, the insurance company issues a single document covering all members for specified risks.

4. Coverage Activation: Coverage benefits can be claimed from the day the group of travellers embark on their journey.

5. Claim submission: In case of any medical emergency, medical issues, baggage loss, or trip delays, each traveller can file claims separately.

What are the Eligibility Criteria of a Group Travel Insurance Plan?

To purchase a group travel insurance, you need to meet the following eligibility criteria:

1. Group Size: A group must consist of a minimum of 5 travellers to qualify for this insurance policy.

2. Member Relationship: Although the members do not need to be related, they must travel together on the same itinerary to avail the benefits.

3. Pre-existing Condition: Group travel insurance policies generally exclude pre-existing medical conditions unless specifically covered through add-ons. In fact, your coverage can be declined if any member has a serious medical condition or substance abuse issue that restricts travel at the time of policy issuance.

4. Age Specifications: It is generally ideal to easily claim the coverage benefits if all travellers under this travel insurance plan are below 65 years old. However, senior citizens are allowed additional premiums, sub-limits, or optional riders.

The travel prime group insurance plan of Bajaj General Insurance comes with a wide range of coverage benefits for both international and domestic travel, as follows.

Emergency Medical Assistance

No matter how well your group plans a travel itinerary, a sudden need for hospitalisation or medical evacuation can create a huge financial burden. Especially if you are travelling overseas, the medical costs are extremely higher than in  India. This is when our international medical group trip insurance becomes your saviour by covering medical expenses, including the charges of doctor consultations and treatment.

Simplified Management

Buying individual plans for each individual can lead to a lot of paperwork and sometimes even more premiums. This is why group travel prime insurance becomes highly beneficial, as it covers all members under a single premium with a specific sum insured.

Trip Cancellation and Interruption

When you are travelling in a group, a medical or family emergency of one member can totally disrupt the trip budget. However, with our group travel insurance plan, you will get compensation for the cost of non-refundable expenses, such as flight tickets or hotel bills. In fact, as reported by Times Now, travellers can receive refunds of up to 80% on last-minute flight cancellations through travel insurance

Baggage Loss or Delay

During international or domestic travel, passengers often experience instances of luggage loss or delay. However, if you are covered under a comprehensive group trip insurance plan, you do not need to worry about these situations, as we will offer compensation for your loss.

Security from Personal Liability

If any of the insured persons unintentionally causes any physical or property damage to a third party during their domestic or international trip, we will cover the cost of their compensation. However, if the liability claim arises due to any unlawful act or under the influence of alcohol, the policyholder can not get this benefit.

Coverage for Personal Accident

With the personal accidental cover under our group travel insurance policy, we ensure the financial security of the policyholders and their families in the event of their unfortunate death or permanent disability. Additionally, we also offer a fixed daily payout for each day of hospitalisation of the policyholder during such medical emergencies or accidents. However, it is only applicable for accidents in India.

Loss of Key Documents

Losing your important documents, such as a passport, air tickets, hotel reservation invoices, and travel permits, isn't totally impossible during long and hectic journeys. But with the coverage benefits of our group travel insurance plan, you can receive financial assistance to help manage such unexpected losses.

Documents Required to File for Group Travel Insurance Claim

1. Duly filled and signed group travel insurance claim form.

2. Valid passport, visa, and government-issued ID proof (eg, PAN Card).

3. Air tickets, boarding passes, baggage tags, or travel itinerary.

4. Original hospital bills, medical reports, prescriptions, and discharge summary (for medical claims).

5. Property Irregularity Report (PIR) and written airline confirmation (for baggage loss or delay).

6. Copy of FIR or police complaint (for loss of passport or documents).

Factors to Consider Before Buying Group Travel Insurance

The section below outlines the factors you need to consider to invest in the best group trip insurance policy.

Sum Insured Per Person

The sum insured of group travel insurance can be different across all members due to factors like age. However, if you confirm the insured amount offered per traveller, you can easily get the required benefits as per the destination and duration of your trip.

Premium Price

The premium amount of a group trip insurance plan can vary across different providers. This is why to get the best deal, you should use different online tools to compare policies. In fact, you must also consider policy discounts across the providers.

Claim Settlement Ratio

This claim settlement ratio showcases the percentage of claims your insurance company successfully settles in a financial year out of the received claims. Thus, before purchasing group travel insurance, evaluate the claim settlement ratio of your insurance provider to get quick assistance during unforeseen risks, such as missing flights or sudden hospitalisation.

Policy Add-ons and Exclusions

Understanding the policy add-ons and exclusions is necessary to assess your coverage requirements. Therefore, always compare different group travel insurance plans online to find the one that best suits your needs.

Trip Duration and Destination

The policy coverage and benefits can vary depending on your destination and duration. For instance, if your group is going on an international trip, the healthcare costs can be higher there than in India. Therefore, the premium amount will increase automatically.

Group Size and Age of Travellers

Most travel insurance companies do not cover pre-existing conditions. This is why if any of your fellow travellers has a pre-existing medical condition, such as blood sugar or heart disease, it can change the coverage benefits. Similarly, for a larger number of groups, the premium amount will be more than for smaller groups.

Bajaj General Insurance stands out as the best insurance provider in India with our over two decades of industry experience and trusted protection. Here is why you should choose us as your group travel insurance provider.

Customisable to Your Group’s Needs

No matter if you are on a corporate trip, student tours or a family group trip,  we provide you full flexibility to choose a suitable sum insured limit and riders depending on your group's itinerary and risk profile.

Easy Purchase & Management

Buying and managing a group travel policy through Bajaj General Insurance is typically simple and digital. Just navigate to our official website and get a quote based on your group’s travel needs without multiple individual applications.

Quick Claim Support

Our high claim settlement ratio is a result of our dedication to customer support at the time of their needs. Whether it's a domestic or international trip, every member of your group can easily register and claim online. If all the required documents are valid, we will process a claim as soon as possible.

24/7 Global Assistance

At Bajaj General Insurance, we offer round-the-clock worldwide support if something goes wrong during your trip. You can easily raise a claim or resolve your queries at our toll-free number, 18002095858, or email us at careforyou@bajajgeneral.com.