From the moment you jet off abroad for work, it’s imperative that you have some kind of protection. In many cases, the company will get a travel insurance to keep you covered. In other cases though, you may opt for your corporate credit card travel plans. If you’re in that position, you may want to know what type of protection you need and what travel insurance that will get you covered for the possible problems, such as medical treatment. As a result, we wrote this article for you. If you need business travel insurance – fast cover, this is the place you should be.
Make sure you know everything about your corporate security program
There are some corporations (we’re mostly talking about those which oftentimes send employees on business trips to other countries) that have set up security programs. However, there are many which don’t. A company should not only protect the assets, but the people, too, especially if they have a medical emergency or they lose their passport, or even worse – get kidnapped or robbed. If your company does have a travel department, see if you can get in touch with at all times, even at nighttime and on weekends. They should be there to assist you 24/7.
Also, there are business travel insurance plans that can get you a travel assistant to make sure everything goes all right – from booking you alternative flights, to track your lost luggage, to find the best medical care for you, or even find drivers or translators for you.
Make sure you know what your existing health benefits are
Some travel insurance companies choose to extend the health insurance benefits for the countries outside of US for example, but you’ll have to dig up a bit of info to see how much coverage they’re actually talking about. You should be able to get your hands on this information just by making a call to the benefits department of your health insurance company.
Make sure that you have a way to get home if you’re injured
Think about this: you are on a business trip and you, against all odds, get into a car accident. You get injured, you’re unconscious. The locals cannot take care of you properly. Is there any way you can get home fast and safe?
In case you need medical evacuation, you must ensure that there’s a way to get home safe and sound and that you are able to rely on your company’s credit card. If the answer is no, then you need a travel insurance with a plan prepared for emergency medical evacuations coverage – one that’s going to get you home.
Are you a kidnapping target?
This must sound a bit extreme, but there’s no joke here. If you’re part of big important business, you should really think about this. I mean, we have all seen the movie No Escape with Owen Wilsen… You might carry lots of money with you, lots of credit cards in a foreign country or have some type of confidential information that may put you in danger. There are some countries in which kidnapping is a very popular way to get money – by ransom or by just going to a cash machine. Also, we all know that cases from outside of US don’t really get solved. Make sure you have a travel insurance that gives you protection.