Holiday insurance for multi-family group

hada29999

hi everyone

I’m almost at the point of booking a package holiday for a group which is comprised of three households, as follows:

- 2 adults (one with declared conditions)

-2 adults 2 children (with several declared conditions)

-1 adult 2 children

I’m booking it all as a package (flights luggage hotel) for around the £7k mark. I am wondering what the best insurance solution would be. I did a generic comparison engine search for the whole group as one policy with all conditions declared and the search engine had no options for us!. We are all happy to get our own insurances but would this cover the package holiday in full or just that persons portion of it? Do we declare the total cost of the holiday for all policies, or just the per person total based on each family?

For eg if one of my children breaks their leg the day before will our family insurance cover the whole lot, just my child’s % of it all, how does this work? Any real life examples would be great

im new to booking a multi household trip so any experience (and recommendations if allowed for people with declared conditions!!) would be much appreciated.

thank you in advance

eskbanker

Is the large group divisible, i.e. if one person is unable to make it for whatever reason, would you expect the trip to be cancelled for everyone or just one person or just one household?

hada29999

https://forums.moneysavingexpert.com/discussion/comment/81965818#Comment_81965818

per household would be the expectation for those of us with children I think

eskbanker

https://forums.moneysavingexpert.com/discussion/comment/81966017#Comment_81966017

In which case one group policy per household would seem sensible, which would also have the benefit of aligning pricing with risk, i.e. those with medical conditions would pay higher premiums.

MyRealNameToo

https://forums.moneysavingexpert.com/discussion/6664476/holiday-insurance-for-multi-family-group

Generally the safest bet is to buy a group policy that covers all of you, though it's a little all eggs in one basket.

If however each family would continue the holiday without the others then splitting it up and each unit buying a family policy may work out better.

Generally within a policy if one traveller has a legitimate reason not to travel then all the people covered by that policy can also cancel and be covered by the policy. Some policies will also cover for people who are travelling with you but arent covered by the policy but this is where pre-existing conditions and such starts to bite. Where it really bites is if the cancellation of part of your party is caused by a non-travelling close relative of one person (not insured by your policy) who isnt also a close relative of yours.

Limits and excesses are normally expressed on a per person basis, young children can sometimes have special rules applied to be a percentage of the adult value rather than an equal share.

hada29999

thank you so much, that makes a lot of sense - we will go with a policy per family, at least then everyones declared conditions are covered and we are all charged fairly.

when declaring the cost of the holiday in this instance, would you state the total cost for all of the groups, just the total for our families group, or the per person amount?

sorry if this seems really dim, but I want to make sure we are properly covered and I have never had to consider this side of the booking myself before!

silvercar

you don’t usually declare the cost of the holiday, you just make sure that the cover the insurance gives is sufficient.

MyRealNameToo

https://forums.moneysavingexpert.com/discussion/comment/81967459#Comment_81967459

You select the cover you want, you dont declare the value. As mentioned its normally insured on a per person basis.

Inner limits however are often also set by the overall level of the policy and so if you're taking expensive personal possessions and your Home insurance doesnt cover them then you may want to consider the higher grade policy even if the cancellation cover is sufficient on the entry level policy.