Many businesses routinely send their employees overseas without adequate travel insurance or rely on the employee’s credit card agreements to cover any unexpected travel-related expenses.
If you are injured, or become ill, or have a medical emergency in another country while on business, your company may or may not cover the unexpected expenses. If you are hospitalized, or worse, are killed, on a business trip, how will your family visit you or get your body home for burial? What about significant travel delays such as those experienced by travelers last year when the volcanic ash cloud halted air travel and forced travelers to extend their stays and/or try for alternative travel? Will your company pay for those unexpected costs?
If the company you work for won’t provide travel insurance protection, you still have a number of affordable options to protect yourself and your family from financial harm – even if the company won’t cover the bill.
There are many travel insurance plans focused on business travelers and their needs. These plans also often cover non medical emergency evacuations for reasons such as political uprisings and civil unrest. Often, these plans are very affordable and can be purchased on an annual basis, so if you are having to take a number of trips each year for business, your travel insurance plan remains the same. Plus, you’ll have business travel assistance services to call when issues crop up. One number to call when you need help.
With luck, you can show your management the value and expense the travel insurance plan later!
