Business Travel Accident Insurance (BTA)
Business Travel Accident Insurance, also commonly known as BTA, is travel insurance secured by a company to protect their employees while they are traveling abroad for business. International travel, whether for business or leisure purposes, poses a myriad of risks. Illness, injury, theft, loss of baggage or documents and trip cancellations or delays are all common mishaps that can occur while abroad. Travel insurance aims to mitigate these risks and help give travelers (and their employers) peace of mind because they are covered if something unexpected were to occur.
Traveling for business can pose more risks than traveling for leisure, so business travel insurance is specifically tailored to address the unique concerns of business travelers, including coverage for terrorism, kidnap and ransom and emergency evacuation, among many other benefits.
What Does BTA Cover?
Each policy can vary in price, coverage options and additional benefits. Be sure to read the policy details carefully to understand what is covered and what is not. Some common coverage options offered by business travel accident insurance plans include:
- Medical treatment
- Trip cancellation, delay & interruption
- Accidental Death & Dismemberment (AD&D)
- Emergency evacuation
- Terrorism & natural disasters
- Flight accidents
- Repatriation of remains
- Kidnap & ransom
- Individual & group options
- 24-Hour travel assistance services
Who Needs BTA Insurance?
Any business that requires employees to travel for work should consider BTA insurance to protect its employees and financial wellbeing. Without it, a slip, fall, accident or emergency evacuation of an employee could cost the company hundreds of thousands of dollars or more. BTA insurance plans reinforce the concept of Duty of Care and help to ensure companies are keeping their workers safe while traveling.
Why BTA is a Good Idea for Businesses
Not only does BTA insurance help to protect the financial wellbeing of a business by avoiding massive medical bills and facing potentially expensive lawsuits, it also protects the company's greatest asset: its employees. Because travel can be so unpredictable, BTA insurance helps take the guesswork out of business travel, giving assurance to both the employee and the employer and helping everyone to focus on the purpose of business travel rather than the possible risks.
How to Purchase
Browse our business travel insurance plans and contact our team of licensed insurance specialists at 1.866.384.9104 or [email protected] for assistance selecting the right plan for you and your business.
If you have any questions or need any other assistance in finding the best business travel insurance plans for your company and your employees, please reach out to our Customer Success Team.