A Beginners Guide to Business Travel Insurance

For business trips, a corporate insurance plan is necessary for those needing something more than standard cover whilst retaining the benefits of a standard travel insurance policy – cancellation, medical, luggage etc

Business travel cover will insure your laptop, mobile phone, palm & other related business equipment & include the hiring of replacement items. This also includes the recreation of business documents lost, damaged or stolen during travel.

3 Key Advantages of Business Travel Insurance

Corporate Travel Cover should add 3 key advantages to the plethora of benefits offered by a standard holiday insurance plan:

Business Equipment Cover
Hire Business Equipment Cover
Recreate Commercial Documents

That is the insurer should pay for accidental loss, theft or damage of equipment (Computer & accessories, other commercial related equipment and business documents).

The insurer should also pay you for the hiring of alternative business equipment in the event of accidental loss, theft or damage to business equipment, including misdirection or delay in transit of said equipment.

With regards to work related documents, the insurer should pay for the re-creation of business documents, plans & presentations if they are lost stolen or damaged.

Question: What if I am going on a combined holiday & work trip? Will a business insurance policy cover me?

Answer: It should. However if you travel regularly throughout the year, you may be interested in purchasing a multi trip insurance plan.

Business Travel Insurance vs Regular Travel Insurance

Remember, with work related travel, lots of wildcard scenario’s can occur.

The other company can cancel the meeting at the last minute. This often leaves the travelling company to foot the bill, however this would be covered by standard trip cancellation.

Other incidents can befall a business traveler: general illness, business critical equipment can be stolen, lost or damaged. These factors are all things to consider when booking a business trip.

With regards to the value of your equipment, business trip insurance will provide far more cover than a regular travel insurance policy.

While a regular holiday insurance policy will provide coverage for lost, stolen or damaged luggage, this is not the same as the specific cover for business related equipment.

Business Travel Insurance Policy – Getting The Right One

If you travel regularly on business, you should always carry a business travel insurance policy. This is essentially just a insurance policy for traveling that is customized to the needs of the business traveler. Nearly all of these insurance policies for business travelers will include coverage of any travel arrangements, luggage loss, and rental car accidents.

While it is possible to purchase a policy that will cover a single trip, for regular business travels, annual business travel insurance policies are typically a better deal. Insurance plans for business travel are usually cheaper than regular insurance plans, depending on coverage needs. It is also cheaper to purchase domestic business travel insurance plans than insurance coverage for international business travels.

Typically policies for business travels will include up to $50,000 in benefits whether it is a one-time policy or an annual policy. But regular insurance plans often caps coverage at $25,000.

Luggage coverage goes beyond just checked luggage. It also covers laptops, cell phones, pagers, projectors, and any other equipment the business traveler typically carries.

If the trip gets interrupted by bad weather or mechanical problems the business policy holder can cancel the trip and be reimbursed for the cost of the trip.

This plan also includes trip cancellation insurance which is much like regular travel insurance’s trip interruption coverage. However, business policies usually include more coverage, such as allowing for changes in accommodations to complete the trip.

Funds are provided for anything lost on the trip. This can be very important if passports or tickets are lost during the trip.

You may also be able to get some legal services in case of accusations of crime by you or crime committed against you. Generally luggage or equipment that is stolen is covered. In some cases even kidnapping ransoms will be replaced by your business insurance policy.

One of the coverage benefits you’ll want to look for in your coverage is medical expenses. You’ll want to know for sure whether all medical expenses are covered or just accidents and emergencies. In particular, find out what kind of coverage is provided for illness. Many travel medical insurance policies cover emergency evacuations, but many do not cover other medical expenses. You’ll have to decide how much medical coverage you need.

Fortunately, even with all of the available coverage options, business travel insurance is generally quite affordable. Some other features that may be included with your business insurance plan include road side assistance and life insurance.

Business Travel Insurance

Anyone that travels a lot should consider travel insurance, but those that travel for business often overlook the importance of this protection. Business travel insurance is simply a good idea because it can provide you with the protection that you need whether you are travelling just a short or long distance away from home. You never know when you are going to need the protection that insurance can provide, so you should look into business travel insurance before you go on your next trip.

The great thing about business travel insurance is that the individual can purchase it or a company can purchase it. Many companies are choosing to purchase the insurance for all of their employees that travel. This is a very economical way to buy the coverage as many companies can offer bulk buy discounts. This can be a particularly good idea for companies that host a lot of conferences, meetings, team building events, training courses, product launches, and the like. Many businesses offer corporate hospitality outings and the like, and even on these fun getaways employees should be protected and business travel insurance is a great way to get that protection.

If you happen to be an employee that travels to a lot of business oriented annual general meetings, exhibitions, seminars, or conventions and you aren’t provided with business travel insurance you can buy it yourself. The coverage is not at all expensive, and you may even be able to purchase the coverage at the same time that you plan an event or plan your travel, which will make it convenient to purchase. When you purchase this protection you can go on your business travels and not worry about what would happen if you were robbed, if your luggage was lost, or if you needed medical attention in an area where your usual medical or dental insurance was not valid.

Many of us think about travel insurance when we are going on vacation or visiting exotic vacations, but this is not the only time when you need the protection that this type of insurance can provide. Business travel insurance is just as important as the insurance that you would buy when flying across the world for an exotic vacation or honeymoon because there is just as much opportunity for you to encounter health problems or circumstances that you just did not plan for. Why should you be any less equipped to handle these problems on a business trip than you would be when you are on vacation? When you leave home you should feel safe, secure, and confident in your abilities to handle any situation and with business travel insurance you can do this.

If you don’t travel often or you only travel once a year you can opt to purchase your business travel insurance for just one trip. All you have to do is disclose when you will be travelling, where you will be going, and when you will be returning. This is generally very affordable and will offer you the protection that you should have on your one trip. If you travel all the time for work you can choose to buy your business travel insurance for the whole year. While this is more expensive in the beginning, it is cheaper over the course of the year than it would be to purchase the coverage every time you go away on travel. Many times there are also different levels of coverage to choose from, so you can choose from very basic coverage to very extensive coverage, based on your needs. When you purchase the travel business insurance you may want to consider the areas that you travel to as well as what sort of coverage your other insurance coverage may provide as this information will help you determine what sort of coverage you need.

It used to be more difficult to buy travel insurance, and that is why many people simply opted not to do it. In many cases you had to go right to an insurance agent and you had to fill out a ton of paperwork, or you could go to a travel agent and do the same thing. Now, you can purchase your business travel insurance right along with your other travel needs such as but not limited to your event planning services, your car rental services, lodging, transportation, and airfare. This is very convenient and allows for those that didn’t want to bother with the coverage before because of the hassle to purchase the benefits of travel insurance. Next time you receive notice that you have to travel for your job, why not look into travel business insurance and see what protection it can offer you? It’s better to have the protection and not need it than need it and not have it!

Senior Citizen Travel Insurance

If you’re having a retired life and are looking out for a holiday package then, don’t overlook your insurance cover. It’s indispensable to get yourself insured while you travel so that if you happen to fall sick or break down due to some illness you don’t have to incur a huge medical expense in a foreign country. Avert any astronomical medical expenses. Enjoy your vacation. Look out for your options under Senior Citizen Travel Insurance cover.

� Discount Airfares, Holidays & Vacation Packages
Online travel planning and flight-booking. Purchase airline tickets online, find vacation packages, and make hotel and car reservations, find maps, destination information, travel news and more.
� Travel Information, adventure, travel and luxury tours
African safari with Abacus African Safari vacation – romantic and exciting african safaris adventure travel, exotic honeymoon, family tours or luxury safaris.
� Sales Courses
UK sales training and courses for business and personal sales development. Improve your sales skills with our industry recognised courses.
� Mortgages UK
UK based mortgage supplier offering first time buyer, variable rate and fixed rate mortgage quotes.

Such Insurance covers any illness or accident whilst traveling? You’re at the right place; special insurance policy such as a Senior Citizen Travel’s offers a good insurance cover for senior citizens in the age 65 to 89 years.

Other Travel Insurance covers available are:

Single Trip Insurance:
Cheap holiday insurance is available as and when you need it. Single trip cover is simple to arrange and offered at fantastic prices online.

Annual Travel Insurance:
Ideal for families, annual cover can often be cheaper than arranging single trip insurance every time. Best of all, it means you only have to think about it once and every time you go away you can relax in the knowledge that you’re protected.

Backpackers Insurance:
The longer the trip, the higher the risk of mishap and the more you’ll need to be backed by excellent cover in the event of an emergency.
Online backpackers travel insurance won’t blow your budget and covers a wide range of trips – from a month’s jaunt around Europe to your next global adventure.

Business Travel Insurance:
Business travel can be stressful, infinitely worse if something goes wrong. Stay stress-free with our cost effective and tailor made business travel insurance packages.

Golf Insurance:
Golf insurance is vital, and not only for the reasons you may imagine. In addition to the risk to themselves, golfers can accidentally cause injury to others and even damage to property. An excellent insurance deal may make your next game less expensive!

With Senior Citizen Travel Insurance avail annual multi-trip policies for people up to the age of 79. Over 65 tour insurance policies are designed for mature and retired people in UK looking for good all round holiday cover at a competitive price. Try your online route for more options.

Which Travel Insurance Should You Purchase?

No matter how much effort you have put into planning your vacation and taking all necessary precautions, you can never predict what will be in store during the trip. Severe illness, accident, robbery, natural disaster etc. may happen unexpectedly and spoil the fun of your long awaited vacation. Above all your hard earned money will all be wasted due to these unforeseen situations. But comprehensive travel insurance will help you to deal with these difficult situations abroad without using up a chunk of your money.

Below are some of the major types of insurance available for travelling purposes that you can choose from to fit your needs.

Single Trip Travel Insurance

If you are not a frequent traveler, this insurance is ideal for you as it provides coverage for a specific trip.

Annual Travel Insurance or Multi-Trip Travel Insurance

If you generally take more than one trip per year, the most convenient and cost effective solution is the annual travel insurance. This insurance will provide coverage for multiple trips all through the year. While this policy covers unlimited holidays, other policies may cover only a specific trip length spanning over 21, 30 or 45 days.

Family Travel Insurance

If you are traveling with quite a large group of people including for example your wife and children as well as your parents, you should opt for family travel insurance. The greatest advantage of this policy is that it covers all the members as a whole and you do not have to buy separate policies for each member. The family travel policies come with different types of premium. Some policies set their premium amount according to the number of children in the family or other factors such as whether the family is a single parent family etc. Then there are other types of family policies that charge you a premium at a flat rate without taking into consideration the number of children or other factors. If your family is quite big, you should opt for the second type of insurance.

Business Travel Insurance

Business travel insurance is a type of multiple insurance based on the assumption that you travel a number of times all through the year as part of your job. This insurance is tailored according to the needs of the typical business traveler. A unique feature of this type of insurance includes colleague replacement coverage that allows the company to replace another employee in your place in case you cannot make the trip due to any emergency.

Shop around on the internet to get the best travel insurance quotes, and purchase a policy that suits your particular needs. But never forget to go through the terms and conditions in details to know what is covered and what is excluded by the policy.

How to Take Advantage of Business Travel Insurance

Depending on your kind of business, it may be necessary for you to travel, sometimes even out of the country, particularly if you hold a high position in your company. If you are in such a position, you should make sure that you take advantage of a business travel insurance. Perhaps you may wonder why this is necessary. Let us take a look at some of the benefits you will get.

This type of insurance will be particularly helpful in case you are self-employed. In the unfortunate event that you fall victim to a robbery, you may loose nearly everything you have. If you do not have a business travel insurance, you will be forced to struggle to recover your great loss all by yourself.

There are a number of factors you need to take into consideration before you take your business travel insurance. If you are travelling to another country, you should first of all confirm that the insurance you would like to sign up for is recognized in the country you are going to. If you happen to take a business travel insurance that is not accepted in the country, it will not be of help to you there. There are different policies and it is also important that you take one that really suits you, examples of which are backpacker, specialty, and worldwide policies.

Here are some of the steps that will help you to find a convenient business travel insurance policy.

– In your bid to compare a variety of policies, you should not just focus on their respective costs. Instead, you should determine their various product features, exclusions, and cover benefits.

– Take enough time that will give you the opportunity to cancel the policy you have taken in case you find some problems with it. Your money will be refunded.

– Determine whether an annual or a single business travel insurance is right for you, depending on the frequency of your travels.

– With an annual business travel insurance, even those trips that you take over the weekends will be covered.

– Travel agencies and tour operators usually give their customers some special offers. However, you should first of all determine whether such offers will really benefit your business.

– Make it a habit of carrying a copy of your insurance, including the help line number, but do not carry it in your wallet. Ensure that it is safe.

– You should see to it that your business travel insurance has medical cover. As a whole, you should have a good grasp of the policy you are taking.

Importance of Business Travel Insurance

Traveling is section of our day-to-day life. Most of us travel because of a single reason or other allowing it to be national or overseas. Traveling always involves probability. So, whether you traveling for pleasure or enterprise, it always safe going with proper travel insurance coverage. If your are appropriately insured, there is a lot worry about the risks associated with traveling like loss regarding luggage or baggage, flight journey delay, accident, medical unexpected emergency or evacuation.

Formerly, Travel Insurance was thought to be a luxury. But now travelers are sensitive to factors that are definitely not under their control for instance trip cancellation, medical unexpected emergency, evacuation, flight delay, losing baggage etc.

There are numerous kinds of insurance insurance policies. Travel Insurances comes looking at you in different shapes like Travel Medical care insurance, Travel Medical Insurance, Holiday Insurance etc. Whether it an enterprise or leisure trip, proper insurance is essential because of many motives. It protects your go investment, belongings and health and fitness. You can hold take a trip insurance for personal and business purpose it is usually true that a right insurance makes ones trip memorable.

Apart coming from personal insurance, Business Travel Insurance also covers computers and also other business equipment of marketers or travelers who travel for your business purpose. Business Tour Insurance makes perfect sense it is always a policy or contract under that the insurance company agrees to pay a amount of cash to the insured to get a damage or loss or injury by means of some uncertain event in the course of his trip. This range from flight delay, baggage damage, medical emergency, accident or perhaps disasters. Under a Internet business tour insurance contract, the insurer pays pertaining to business loss or damage faced by insured during his visit.

Many things can make a mistake during your business journey. This can be a person’s baggage loss or a new flight cancellation, or your destination become unreachable because of bad weather, or even you are able to fall ill and ought to postpone the trip. You can not control such events, but through proper Business Travel Insurance cover, you can minimize the outcome. Whether it is usually a small enterprise or a sizable corporation, the success of your business is largely dependent on the dedication and effort of the members of their organization. But it doesn’t matter how industrious you might be, because one disaster or perhaps catastrophe can destroy your online business and wipe out each of the profits. The only way to assure that the effort and money that you just invested doesn’t fade away each time a disaster smacks is by protecting your organization with appropriate insurance.

5 Reasons to Get Business Travel Insurance

Whether it is a brief visit to another part of the country or a week long trip abroad, business trips to visit critical clients and other important companies are a vital part of keeping any business running successfully; and for every trip, you’ll need some kind of business travel insurance. If you only have to travel every once in a while, single trip cover may be sufficient, but if you travel many times each year you’ll want to invest in some annual business travel insurance. Either way, there’s no excuse to scrimp: here are five situations when the small cost of insurance could save you a lot of hassle…

The other company cancels the meeting at the last minute…

An ordinary holiday can be cancelled for all kinds of reasons, but for a business trip there are even more factors that can lead to a meeting being cancelled or rescheduled, leaving you or your company to foot a significant cancellation bill. Business travel insurance will cover cancellation as standard, so even if things change at the last minute, your costs will be covered.

You fall on or before the trip…

If you fall ill on or just before a crucial business trip and there is no-one to replace you, the consequences for your company could be catastrophic. Most good business travel insurance packages will cover the cost of replacing you with a work colleague (including their flights and accommodation) so that the trip can be concluded successfully in your absence.

Some vital equipment is lost or stolen…

Whether it is a PDA filled with important information on it or an expensive laptop with a crucial presentation, most business trips can revolve around a vital piece of equipment – if it is lost or stolen, it can hurt your wallet and ruin the business trip. Annual business travel insurance will provide you with year round cover for business equipment that is lost or stolen while you are away (and in most cases, they will pay for a courier delivery of the new item.) Of course, the data may be irreplaceable, so make sure that you back up any critical information on a USB stick.

Business travel is excluded from your existing insurance…

Many people assume that they have cover for business in the annual travel insurance they already have, but this often isn’t the case. Many travel insurance policies are for holidays only and have exclusions for business travel. Read the small print carefully, and make sure you get full travel insurance for business trips if you aren’t covered.

You need to be hospitalised after an accident…

Whether it is just a cracked rib or something much more serious, medical care abroad while you are uninsured is no laughing matter. With so many business trips to America (which can have medical costs running into thousands of pounds) it really pays to have some decent business travel insurance. As outlined above, many standard travel insurance policies exclude business trips, so make sure you get the right kind of cover and avoid the threat of massive medical costs.

Insurance Policies For Business Travel

If you have ever tried to acquire a business travel policy, you will realize that they are fairly different from the regular travel policies. Insurance companies take cognizance of the fact that travel for business purposes may involve different kinds of risks as compared to travel for pleasure. Which is why they customize the business travel policies to match the risk assessment.

In a business trip, one is likely to carry certain kinds of equipment for work related purposes. Laptops, Palmtops, printers, cell phones, additional luggage to make a few are certain kinds of equipment that one may carry while on a business trip. Since these are high value items they are at a considerable high risk of theft and damage.

While developing a business travel insurance plan there are various factors to take into account to ensure that all the possible risks are covered and assessed. Some of the elements that are considered are the time taken to travel, the destinations that the business personnel is visiting and the purpose of travel. To give an example, a journalist traveling to Afghanistan will probably be offered a business travel plan with a higher premium as compared to a sales executive traveling to Boston to make a sales pitch. Some insurance companies may offer joint insurance plans.

Before and after you have chosen a particular insurance plan make sure that you go over the booklet provided along with the insurance documents. A few minutes spent on the information may prove to be very useful if the need arises to file a claim.

This booklet contains useful data like the policy number that needs to be quoted in all communication that is made with the insurance company. Some insurance companies insist that the policyholder contact the company within a certain period of time of an incident if a claim is required. Which is why it is vital that this small book be with you all the time. Some companies have a 24 hour hotline which can be accessed in times of an emergency and if cash is required immediately. If the claim is mad on the basis of a medical situation relevant proof and documentation shall be required. Avoid sending the original bills and prescriptions and send only copies unless if is mandatory and mentioned in the policy guidelines.