Travel Insurance worldwide protects you during corporate trips even when the business trip includes some leisure travel. This kind of insurance safeguards your business against illnesses or canceled flights. An annual corporate travel insurance cover is the way to go if the nature of your work involves travelling.
If you are one of the many Australians travelling, you have probably experienced delays in your travel plans. A business travel insurance company will help to cover all these problems and more.
Numerous travel insurance policies cover injuries you may cause to other people while away on a working trip. It also includes property damage you may cause to other people’s property. The personal liability section covers other people’s medical fees and legal bills where you are at fault.
This insurance solution will cover illnesses or complications during your time away including overseas hospital costs. A warning, some insurance wordings contain exclusions for pre-existing medical conditions so it is important to check the terms and conditions. Disability caused by work travels is also part of the coverage.
In case of sudden death during corporate travel, expenses are covered. The immediate bereaved family is also insured in case of accidental death. But deaths caused as a result of the illegal actions of the policyholder are not covered by business travel insurance.
This section of insurance will cover you when there are delays in the flights. These delays may be due to a natural disaster or other factors out of your control. It also includes trips that have been postponed or canceled. There is even a travel insurance policy that covers missed flights.
Upon arrival at your destination, this insurance will also cover hire vehicle excess costs. You still need to take out the hire vehicle insurance but don’t need to pay the additional money for the lower insurance claim excess.
Now that you know a little about corporate travel insurance policies, it is time to figure out if you should get one. There are options for travel insurance for a group assignment such as a conference or even solo flights catered to your needs.
As a director of a business, it is important to get insurance if you or your staff need to fly for work. Accidents can happen anytime. So, before things get complicated, get insurance to give the business peace of mind.
If you plan on working for a company that requires you to travel outside Melbourne or Victoria, a corporate travel insurance group solution is for you.
At FD Beck, we do not just believe in safe traveling. We give importance to what happens to you during, and even after your trip. With FD Beck, you are protected no matter where you go. Give us a call and let us arrange your next business trip!