In the Corporate world, timing and efficiency is everything. And Corporate Travel should be no different. You need the right Corporate Travel Insurance in place to ensure you maximise your time effectively, especially in the event of a claim.

If you’re a frequent business traveller, we can arrange an annual Travel Insurance policy for you. Annual policies are usually more cost effective than taking out multiple policies.

What is Corporate Travel Insurance?

Corporate Travel Insurance provides insurance cover for business travellers. Corporate Travel Insurance offers additional benefits to standard leisure travel insurance including:

  • Cover that extends to the whole business, not just the individual,
  • Cover that extends to all Employees, Directors, Officers and Consultants of the Insured person, including accompanying spouse and dependent children,
  • Cover for leisure travel during a business trip. Leisure-only travel can also be included,
  • Cover for pre-existing conditions if your doctor deems you fit for travel,
  • Higher sums insured across a range of potential risks.

Who needs it?

Business Travel Insurance will help you if:

  • You’re planning a trip overseas,
  • You’re planning a trip within Australia that involves plane travel, tours or hotel stays. It can cover you for costly cancellation fees or other expenses that could leave you substantially out of pocket,
  • You’re a frequent business or personal traveller.

What does Corporate Travel Insurance include?

Most policies cover you to some degree for:

  • Emergency hospital and medical expenses,
  • Replacement of lost travel documents and luggage,
  • Accidental death, disability and loss of income,
  • Hire care access,
  • Cancellation expenses due to delayed flights or illness,
  • Kidnap and ransom,
  • Personal Liability.

Important Tips

  • Having a current health insurance policy does not always mean your overseas medical expenses will be covered. Check before departing to ensure you’re safe. In the event that you are covered, you may be able to reduce your travel insurance premium, so let your broker know before incepting a policy.
  • Many tour operators will not allow travellers to depart or to participate in particular activities without travel insurance. If you’re considering foregoing travel insurance it’s a good idea to contact them and confirm that you won’t be affected.
  • Please note not all locations are covered. Always check with your policy that exclusion(s) are not in place.
  • Make sure that all policies provide an unlimited medical benefit.
  • If your travel is greater than 180 days, you may require an expatriate policy that extends the coverage while you’re overseas.