What is Corporate Travel Insurance?
Corporate travel insurance is a specialised policy that covers employees during work-related travel. This insurance provides protection against various risks, including overseas medical costs, lost luggage, and canceled flights. It also offers personal liability coverage for injuries or expenses incurred due to an accident. Adroit’s risk advisers can help you navigate the complexities of corporate travel insurance, ensuring you choose the best policies based on factors like travel destination, duration, and the specific needs of your business.
Why is Corporate Travel Insurance Important?
Corporate travel insurance is not just an option; it’s a necessity for businesses of all sizes. Whether you’re a small startup or a multinational corporation, ensuring the safety and well-being of your employees during work-related travel is paramount. Protect your business and your employees by seeking expert advice from Adroit on the right corporate travel insurance policies.
What Does Corporate Travel Insurance Cover?
- Flight cancellations
- Missed transport or transfers
- Loss or delayed luggage
- Interstate or overseas medical expenses
- Lost deposits
- Personal injuries or sickness while travelling
- Rental vehicle excess cover
- Identity theft or damages
- Kidnap, ransom, and extortion
What isn’t covered?
- Travellers beyond the insurer set age limit, ranging from 75 to 85 years old
- Pre-existing medical conditions
- Travel against medical advice
- Insolvency of the travel provider
- Expenses included under medicare
Adroit’s specialist risk advisers can help you understand these exclusions and find the best insurance options for your business.
Do you need Corporate Travel Insurance?
Corporate travel insurance is essential for any business whose employees travel for work. This insurance provides coverage for accidental death, additional expenses, flight cancellations, and emergency assistance, ensuring that both employees and business owners are protected against unexpected events during business trips.
Corporate Travel Insurance Policy
- Duration of coverage: Single trip or annual multi-trip policies
- Coverage limits and exclusions
- Emergency assistance services
- Claims procedures and documentation requirements
Corporate Travel Insurance Comparison
While standard travel insurance may provide basic coverage for leisure travellers, corporate travel insurance offers additional benefits tailored to the needs of business travellers.
- Scope of Coverage: Corporate travel insurance offers broader coverage for business-related risks.
- Policy Customisation: Policies can be customised to meet specific business requirements.
- Emergency Assistance: Dedicated support for business travellers in case of emergencies.
- Claim Handling: Expedited claims processing to minimise business disruptions.
Why Choose Adroit?
Adroit Insurance & Risk is committed to understanding your business needs and providing expert advice. Our team of experienced advisers offer comprehensive recommendations to ensure your employees are well-protected during business travel. Trust Adroit Insurance & Risk for reliable and thorough guidance on corporate travel insurance.
Contact Adroit Today
Don’t leave your business ventures to chance. For expert advice on high-quality corporate travel insurance, contact Adroit today. Our experienced team of risk advisers will help you find the best insurance solutions to protect your employees and business during travel.
Frequently Asked Questions
Anyone who travels for business purposes, including employees, directors, and business owners, should have corporate travel insurance. This protection is vital for small to medium-sized businesses, companies with multiple locations, and multinational corporations. Adroit offers tailored advice on corporate travel insurance to safeguard your company from unexpected travel-related expenses.
While not legally required, corporate travel insurance is a moral obligation to keep your staff safe during business trips. It protects against financial impacts from delays, cancellations, medical expenses, and more. Adroit provides bespoke risk advisory services to ensure your business and employees are covered.
Protect your staff by discussing corporate travel insurance with Adroit’s expert brokers. We assess potential travel risks and tailor insurance options to your business needs, ensuring you’re prepared for any unexpected events during travel. Contact Adroit for comprehensive corporate travel insurance solutions.