With international borders open, are you ready to travel?
Have you considered Corporate Travel Insurance or reviewed your existing cover?
With travel expected to return to 80% of pre-COVID levels, we’re here to provide you with clarity on insurance so you can make travel decisions with confidence.
What is Corporate Travel Insurance?
Corporate Travel Insurance protects you and your employees travelling for business, as well as Directors’ and key staff, along with their family for personal trips.
Ultimately, it provides your company with protection against the financial disruption caused by serious accidents, illness and travel delay.
Do Corporate Travel Policies Include Cover for COVID-19 Risks?
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!
Cover can be available for COVID-19 related risks for the following:
- Overseas medical expenses
- Non-refundable flight and accommodation expenses
- Loss of deposits
- Repatriation costs
- Additional expenses
- Cancellation
Cover is generally excluded for:
- Government lockdowns and border closures
- Disinclination to travel
Risk Management Advice
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
It’s important to speak with a broker to obtain updated advice and ensure that your Travel Insurance cover is providing the right protection for you and your business. To review your existing cover or obtain a quote, please complete our online quote request form or give us a call on 1300 932 237.
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