Corporate Travel Insurance: Conference Coverage When Plans Change
What happened: A business traveller suffered an acute injury shortly before an important trip, forcing them to cancel their attendance at several business conferences. All pre-paid expenses, including conference registration fees, were non-refundable.
Our course of action: The travel insurance policy fully covered not only the standard accommodation and travel expenses but also reimbursed their pre-paid conference registration fees. The client received a total claim payout of $4,207.40, protecting their investment in both the journey and its professional purpose.
Protect your business travel investments. Explore our Corporate Travel Insurance to ensure your business trips are covered against unexpected disruptions.
When should I purchase Corporate Travel Insurance?
Corporate Travel Insurance should ideally be arranged as soon as business travel plans are confirmed. Many businesses opt for annual multi-trip policies that cover all employees travelling throughout the year, providing continuous protection without the need to arrange separate insurance for each trip. This ensures your team is always covered for unexpected cancellations, medical emergencies, or other disruptions.
What types of expenses does Corporate Travel Insurance typically cover?
Corporate Travel Insurance generally covers a wide range of expenses including flight cancellations, lost baggage, medical emergencies, emergency evacuation, rental car excess, personal liability, and business equipment. It can also cover specific business-related expenses such as alternative employee travel costs, conference fees, and accommodation changes necessitated by covered events.