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.

Ultimately, it provides your company with protection against the financial disruption caused by serious accidents, illness and travel delay.

All insurance policies vary by insurer however most will provide cover for the following:

• Emergency Overseas Medical and Evacuation Expenses
• 24 hour Emergency Assistance
• Cover for lost or damaged Luggage, Personal Effects, Travel Documents, Money and Credit Cards
• Personal Injury (and Sickness) whilst Traveling
• Political Risk and Natural Disaster Evacuation Expenses
• Missed Transport & Transfers
• Rental Vehicle Excess Cover
• Kidnap and Ransom
• Personal Liability during Travel

In response to the COVID-19 pandemic, most Insurers have adjusted their policies to address some of the risks associated with travel during the pandemic.

It’s important to be aware that all Corporate Travel Insurance policies will differ in the cover they provide, and they don’t cover everything!

Insurance cover can be available for:

• Overseas medical expenses
• Non-refundable flight and accommodation expenses
• Loss of deposits
• Repatriation costs
• Additional expenses
• Cancellation

Insurance cover is generally excluded for:

• Government lockdowns and border closures
• Disinclination to travel i.e. deciding not to travel even though you are legally allowed to travel

As you prepare to travel, we recommend that you:
 

• Follow government recommendations and warnings
• Ensure all accommodation and flights purchased are fully refundable
• Implement a COVID plan to keep yourself and your employees safe during travel

All Corporate Travel Insurance policies are different. Traditionally general Travel Insurance policies exclude claims arising from:

• Refunds if your travel provider becomes insolvent
• Pregnancy related claims
• Travelling against medical advice
• Some Pre-Existing conditions
• Travellers over the age of 75

We have access to a number of different insurers who can provide cover for what is traditionally difficult to insure against including:

• Travel agent insolvency
• Pre-existing medical conditions including pregnancy
• Travellers over the age of 75

Generally, if your doctor gives you the OK to fly, we can find a policy to suit your requirements.

Webber Insurance has access to many different Corporate Travel Insurance markets ranging from local, interstate and overseas. This ensures that we can find a suitable insurance product for your business at a competitive price in the market.

For more information about Corporate Travel Insurance, call us on 1300 932 237, or click the button below to arrange a quote today.