What is the Group Travel Insurance Plan?

The Group Travel Insurance Plan from The Co-operators is a unique insurance plan that enables employers to reduce benefit costs while providing employees with customized travel benefits.

Who needs a Group Travel Insurance Plan?

You might, if you:

• Have a specialized group of employees who are involved in work-related travel and would like the added security of a custom travel health insurance plan.
• Want to reduce costs and enhance the benefits of your company's current group health insurance plan.
• Are a company that has their employees travelling out-of-country on special risk related travel projects.

How does it work?

The Group Travel Insurance Plan removes, or "carves out", the existing travel portion of an employer sponsored group health care benefit plan, allowing employers to design the most appropriate travel coverage for their employees. Features include:

• Employer selection for the number of days of coverage
• Flexible travel options
• Employee right to top-up coverage
• Transfer of benefits into a Retiree Group Plan when the employee retirees

Benefits of the Group Travel Insurance Plan

The Group Travel Insurance plan allows employers to:

• Improve their business' cost/benefit equation. Since the travel portion is removed from the group benefits insurance policy, the coverage costs for the remaining employees are generally reduced.
• Enhance other group health plan benefits through increased premium savings.
• Effectively manage their employees benefits budget.
• Offer cost effective and defined post-retirement benefits.

Contact your account manager for more details.

Travel Insurance is administered by TIC Travel Insurance Coordinators Ltd. and underwritten by companies within The Co-operators group of companies.