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What is corporate travel insurance?

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5th May 2010 by Gary B

Corporate travel insurance is used to protect a company from additional expenses which can be unexpectedly incurred when their employees are traveling.

Anything from cancelled flights, which could cause employees to use alternative means of travel, or the need to stay longer in an area because of medical needs, weather, or possible unrest in the region.

Extra expenses can be the responsibility of the company in a number of situations, and travel insurance helps fill that need so it doesn't become overly burdensome when spread across the entire company, which could have dozens of people traveling on any given day.

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This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



26th Nov 2009 In Insurance 1 Answers | 1244 Views
Subjects: corporate travel, corporate travel insurance, travel insurance,

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