Corporate Travel Insurance
From travel disruptions caused by volcanic eruptions to baggage handling strikes, corporate travel insurance helps you to safeguard your business against financial loss in unexpected events.Â
What does corporate travel insurance cover?
Whether your employees travel around Australia, or internationally, corporate travel insurance can provide coverage for:
Overseas medical expenses
Personal accident and sickness cover whilst travelling
Hire vehicle excess waiver
Leisure travel for directors and nominated executives
Lost, stolen or damaged baggage
Coverage, benefit limits and exclusions may vary. Always refer to the Product Disclosure Statement (PDS) and speak to your broker if you have questions about what is covered and what is not covered or the conditions for making a claim on corporate travel insurance.
Understanding Corporate Travel Insurance
Corporate travel insurance is typically held by businesses that regularly send employees interstate or overseas for work. It is also relevant for executives travelling with dependents or extending business trips to include leisure travel.
The cost of corporate travel insurance depends on factors including the number of employees covered, frequency of travel, destinations, age of travellers, and the level of cover selected.
To lodge a claim, contact your NQIB broker with documentation such as medical reports, police reports, receipts or airline records. Claims are processed in coordination with the insurer, and NQIB assists throughout the process.
Corporate Travel Insurance is commonly paired with:
- Management Liability Insurance
- Cyber Insurance
- Directors & Officers Liability Insurance
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We work with you, so you have the confidence and peace of mind that come with understanding how you are protected by insurance.