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Growing popularity of group insurance

As more and more people are choosing to go on vacation in groups, one of the UK’s largest online provider of travel insurance has noticed a growing demand among traveling consumers for group insurance.

InsureMyTrip’s President and CEO and an expert in travel industry, Jim Grace, confirmed that more and more people are choosing to travel with a group rather than alone.

"From family reunions to school and mission trips, more people than ever are travelling as part of an organized group," he said. "Group coverage is one of the many cost-saving benefits of travelling in numbers."

In fact, according to Mr. Grace, any group travelling together to the same destination with ten or more people can qualify for a group rate.

"When travelling as part of a group one thing is certain," continues Grace, "as the numbers in your party increase, so too do the odds that your travels may be impacted in some fashion. That's when travel insurance is no longer just an option, it's a necessity."

Although all insurance companies differ in what they specifically offer, most will be able to create a comprehensive package for wedding groups, school trips, sports and athletic events, religious pilgrimages, family meetings and professional association meetings.