Travel Insurance
Corporate Travel Insurance is an annual policy which allows you and your employees to travel without having to continuously arrange travel insurance.
Corporate Travel Insurance, also known as Business Travel Insurance, protects owners and employees travelling intrastate, interstate and abroad for business. It ultimately protects your company against the financial disruption caused by serious accidents, illness and travel delay. Corporate Travel Insurance also provides cover for business owners and their families travelling together on personal trips.
Claim example
Making a travel insurance claim overseas
An employee was sent to a trade show in Singapore to do a presentation of his company’s products. The employee was an experienced staff member and was very confident in the company and products they sold. Upon arrival in Singapore, he, unfortunately, experienced a severe panic attack and needed to seek medical attention. After seeking medical treatment he was advised by the attending physician that it was not wise for him to continue with his presentation. The employee contacted his employer and explained the circumstances and how he was unable to continue with his presentation. The company director then made the decision to travel to Singapore and do the presentation himself. Under the company corporate travel policy all medical costs, additional travel and accommodation were all claimed and paid for in an extremely timely manner causing minimal disruption to the company.
Losing baggage or flight cancellations are only small components of Corporate Travel Insurance.
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