You wouldn’t go on a family holiday without travel insurance, so why would you take the risk if you or your team need to travel for business?
Like Private Travel insurance, Business Travel insurance provides protection for individuals by mitigating against the cost of medical treatment in the event of personal accident or the loss of possessions. In addition to covering your employees whilst they are travelling, Business Travel insurance provides specific cover for issues which could have an impact on your business.
Travel delays and departures can be frustrating at the best of times, but if you are travelling to or from a business meeting or presentation, being late or even missing an appointment could have a significant financial impact on your business. And what would you do if your equipment was lost or stolen? Business Travel insurance can help you claim back the costs of hiring or replacing the equipment you need whilst you are away.
As global trade opens up new markets, you may find that you or your staff could be travelling for business to countries which are less politically or geographically stable. Business Travel insurance can provide you with the assurance of knowing that you are covered in the event that you are your employees need evacuating should a disaster occur.