Yes. Corporate Travel Insurance is commonly arranged as an annual policy covering multiple eligible trips during the policy period.

This can be useful for businesses where directors, employees or other insured persons travel regularly. Instead of arranging a separate policy before every eligible trip, the business holds one Corporate Travel policy for the annual insurance period. Subject to the policy terms, eligible trips taken during that period can fall within the policy.

What limits should I check? #

Annual Corporate Travel policies can include restrictions or limits relating to:

• Maximum duration of any one trip
• Domestic versus international travel
• Geographic regions
• Age of travellers
• Leisure travel
• Accompanying spouses or family
• Activities undertaken while travelling

The policy should be reviewed against the business’s actual travel patterns.

Not every trip is automatically covered. A trip still needs to fall within the definition of an insured journey and satisfy the policy terms, limits and exclusions.

Contact our team if you would like help arranging annual multi-trip cover for your business.