What if your sales team meets all their goals and exceeds your expectations? If you want to send them on an incentive trip as a reward, you’ve got to be sure they return home safely for a number of reasons.
On the other hand, if your key employees are frequent travelers promoting and expanding the business, you’ve got a different corporate risk. Again, you’ll want to be sure those employees return home safely.
For all the business owners out there who are concerned about their employees’ safety and well-being on business trips or on incentive trips, we’ve got a few plans for you to review. These plans can help keep your employee safe while they travel on your dime for very little extra money.
Ideal for business trips and incentive trips, the Business Traveler plan from Travelex offers a number of excellent benefits, like extra cash for trip interruptions, delays or missed connections (with no time delays). If your employee misses their connection through no fault of their own, they won’t have to come up with a lot of extra cash to continue their trip. If you are sending your employees outside their health insurance network area, consider the medical upgrade in case they become ill or are injured in an accident on the trip.
With global travel increasingly common in today’s workplaces, the Employee Travel Protection plan from Travel Insurance Services is an excellent, low-cost enhancement to an employee benefit package and covers the gaps in medical expenses in typical employee coverage while adding evacuations, repatriation, flight accident AD&D, and travel assistance services.
To offset the loss of key employees and executives, war correspondents, government employees, and others, consider the High Limit Accident Insurance plan from Travel Insurance Services. This is term life and disability protection to cover the sudden and unexpected loss as a result of a travel accident. You choose the payout limit. Ideal for those who need travel accident coverage on a short-term or continuous basis.
The USI Assist plan from Travel Insurance Services is a travel accident plan for the frequently traveling business person. It covers travel accidents and emergency medical evacuations and offers options for security evacuations and out-of-network medical coverage if the employee’s plan does not extend to their destination. Offered at three plan levels, it covers employees, plus their spouse and children if traveling with the employee.
Designed as a cost-effective employer-sponsored group medical and dental plan with daily indemnity coverage, the GEO Group plan is for employers with international employees and provides U.S.-style health benefits as worldwide coverage. This plan is available to employers with two or more internationally assigned employees, expatriate employees, or independent contractors. Coverage for spouse and children available.