Why Do You Need Business Travel Insurance?
- Last Minute Cancellations
- Kidnap & Ransom
- Terrorism Coverage
- Multi-Trips Annually
- Baggage Loss or Delay
- Medical Emergencies
Great for travelers who take multiple business trips a year, multi trip business travel insurance policies provide coverage for several trips over the course of a year, saving busy travelers from having to buy a new policy for each trip.
Business travel insurance covers expenses incurred from unexpected travel related incidents as well as emergency medical care. Travel benefits typically include baggage loss and delay, trip interruption, trip cancellation, and more. Travel medical protection usually includes emergency medical evacuation, repatriation, hospital stays, surgery, and prescription medications, among many other benefits depending on the plan.
Business travelers visiting foreign countries are highly encouraged to travel with an adequate business trip insurance policy. Your company may not be liable for certain travel-related expenses or medical bills in case you are injured while abroad, and you could be responsible for some substantial costs. Business travel insurance minimizes your liability and financial risk, allowing you to focus on whats important.