Business travel comes with its share of risks, from unexpected trip cancellations to medical emergencies and lost belongings. Whether your employees travel domestically or internationally, even minor disruptions can lead to financial losses and operational setbacks.
Corporate Travel Insurance provides businesses with an added layer of security, ensuring employees are protected while traveling for work. With the right coverage in place, companies can manage travel risks more effectively and keep their operations running smoothly, no matter where business takes them.
What is Corporate Travel Insurance?
Corporate Travel Insurance helps manage the risks that business travelers may face during their trips, offering protection for a range of potential issues. Coverage generally includes lost deposits, flight cancellations, accidental death or injury, medical evacuation, theft or loss of baggage, travel documents, and personal liability.
Corporate Travel Insurance is beneficial for any business with employees who travel overseas or domestically, where travel involves planes, hotel stays or tours. As Corporate Travel Insurance can be extended to include employees and their families for leisure travel, it makes an excellent low cost employee benefit.
A typical Corporate Travel Insurance policy can provide cover for:
- Emergency hospital and medical expenses
- Replacement of lost travel documents and luggage
- Accidental death, disability and loss of income
- Hire care access
- Cancellation expenses due to delayed flights or illness
- Kidnap and ransom
- Personal Liability
How Coverforce can help
At Coverforce, our expert team of insurance brokers will take the time to assess your individual requirements and exposures and deliver a comprehensive insurance solution that is tailored to your specific needs and budget.
For more information or to speak to one of our brokers about arranging cover, please contact us.
Alternatively, you can simply fill out a Corporate Travel Insurance Quote form below and one of our insurance brokers will get in touch with you within one business day.
Request a quote