Protecting your company's assets is one of the most important steps to business success and your hardworking staff is arguably one of the biggest assets you have.
So, if you're sending your employees out of state or overseas on a corporate trip, doesn't it make sense to keep them protected?
Employers should ensure their roaming employees are covered by adequate travel insurance before they set off on their business expedition.
Whether a staff member is jumping state lines for the first time or your company regularly sends staff on overseas business trips, corporate travel insurance can protect you, your business and your employees from significant, unexpected expenses.
If a worker becomes sick or injured on their corporate trip, you may be liable for paying their medical costs – including evacuation expenses.
Evacuation expenses are the costs of having to cut a corporate trip short and return an injured or ill employee home for medical treatment.
A comprehensive business travel insurance plan will ensure you are covered for these expenses. Some policies will also cover baggage loss and trip cancellation or delay.
Similar to business health insurance, a corporate travel plan will provide peace of mind for both you and your employee that health costs will not be an out-of-pocket expense if any illness or injury occurs.
Some insurance plans will also cover pre-trip vaccinations if your employee is heading to a country that requires this preparation.
No matter where your employee is travelling to, you will want to keep them covered as medical emergencies are unpredictable and can occur anywhere at anytime.
Invest in your business's and employee's well being and peace of mind by speaking with a corporate travel insurance advisor from HICA today.