Business Travel Insurance
Eliminate risk with business travel accident insurance
Whether you're traveling across the country or across the world, business travel insurance is something you can't afford to overlook. Protecting yourself, your property and your loved ones provides peace of mind and allows you to focus your energies and attention on the task at hand.
You can get both comprehensive and specialized business travel insurance policies, depending on what is and is not covered by your current health insurance and employee benefits package. Business travel insurance quotes are available from many sources, including financial institutions, insurance companies and travel agencies. To help you select the right policy, it's important to make a careful assessment of your individual needs.
Types of Business Travel Insurance
If you don't need a comprehensive policy because your existing coverage protects you from some of the things that might go wrong during business travel, consider the following specialized business travel insurance products:
- Business travel accident insurance. These policies cover you in the event of injury or property loss as the result of a travel accident.
- Business travel health insurance. Your current health insurance policy may be limited, or it may not be valid in the region or country to which you are traveling. Carrying supplementary business travel health insurance is strongly recommended in these cases.
- Business travel life insurance. Nobody likes to think about the possibility of a fatal accident occurring during business travel, but the fact is that such accidents do happen. Don't risk leaving your loved ones in a financial mess if the worst-case scenario comes to pass; make sure you have business travel life insurance.
You can also get insurance that covers some of the situations that might occur during travel. Delayed or canceled trains, airplanes and buses can cause major headaches, and self-employed entrepreneurs traveling without insurance may be forced to pay for alternate arrangements out of pocket. You can get policies that will cover you from any losses that you may incur during such situations, as well as car insurance that gives you additional coverage if you use your own vehicle for business travel purposes.
Beyond affordability and comprehensiveness of coverage, look for an insurance provider that is accessible 24 hours a day, 7 days a week. Your business travel may take you to a faraway time zone or have you doing business on weekends, so make sure service reps are accessible no matter when you may need them.