02 4969 8100
Call me back
When business travel doesn’t go to plan, corporate travel insurance can help to cover out-of-pocket costs to your business and employees.
When business travel doesn’t go to plan, corporate travel insurance can help to cover out-of-pocket costs to your business and employees.
All travel carries with it inherent risks, even short-term travel to familiar overseas locations for meetings and conferences.
Risks from political tensions, civil unrest, fraud, severe weather, natural disasters and security of corporate information exist in countries that are not usually considered dangerous.
Company travel insurance can cover your business for unanticipated travel costs if the unexpected happens.
Company travel insurance coverage may vary depending on the insurance policy and insurer. Our insurance brokers can help you find the most suitable corporate travel insurance policy that meets the needs of your business.
To give you an idea, here’s the type of cover that your policy may include:
Travel is a common part of modern day business. Company business travel insurance can protect your business from financial loss associated with situations such as overseas health emergencies, flight cancellations or lost and stolen baggage.
A corporate travel insurance policy can cover your business for unanticipated travel costs should unforeseen events or accidents happen. It also covers your directors and employees, and spouses and dependents travelling with them.
While visiting clients in London, your employee Sarah falls down a flight of stairs, fracturing their hip and breaking their arm.
After being taken to hospital in an ambulance, doctors take x-rays and MRIs of the injured areas. Sarah is informed that she requires surgery on her hip and will have to undergo physiotherapy before she will be allowed to fly home to Australia.
Sarah’s flight is scheduled for the following day and will now need to be cancelled.
Corporate business travel insurance allows her employer to recover some or all these costs.
Depending upon the corporate travel insurance policy, the business may be able to make a claim for the medical costs of her surgery and rehabilitation, as well as the flight cancellation and additional accommodation required while the employee undergoes physiotherapy.
Company travel insurance may also cover the cost of hiring someone to take over Sarah’s duties until they return to Australia and back to work.
Exclusions and the excess you need to pay on corporate travel insurance coverage can vary greatly depending on your insurer.
Policies generally won’t include cover for:
There are other exclusions which our insurance brokers can outline for you.
Coverage may vary depending on the insurance policy and insurer.
Most corporate business travel insurance policies will cover for emergency hospital and medical expenses, replacement of lost travel documents and luggage, accidental death, disability and loss of income.
Our insurance brokers can help you find the most suitable corporate travel insurance policy that meets the needs of your business.
Policies generally won’t include cover for:
Our insurance brokers can help you find the most suitable corporate travel insurance policy that meets the needs of your business.
Most corporate travel insurance policies will cover expenses related to cancellations due to delayed flights or illness.
Policies can also provide cover:
Our brokers can help you compare and tailor a company travel insurance quote to ensure you are adequately covered.
Protection for your business, premises, contents, stock, equipment and reputation.
Business Interruption Insurance protects your business’ ability to keep on running when unexpected interruptions such as property damage occur.
Protect your business from the financial risk of legal liability claims – giving you the certainty you need to trade with confidence.
Call us on 02 4969 8100 or request a call back.
We know that navigating the world of insurance can be complex and confusing. Our brokers compare the myriad of insurance options on the market for you, providing expert advice to implement your chosen plan.
We empower thousands of Australian businesses to focus on what they do best, knowing they’re protected against any possible eventuality.