Here at Austbrokers Coast to Coast weve heard a lot of stories recently that involve business people having medical problems while travelling. We know that a serious accident or illness away from home can cost hundreds of thousands of dollars in medical and air ambulance expenses so in this edition we decided to focus in on the services behind our corporate travel insurance policies.
Apart from higher limits on most sections of cover, Corporate travel insurance is different from the type that you buy online or at the travel agents in a number of important ways; there usually aren’t any excesses to pay, because a company doesn’t always know their staff’s medical history the pre-existing medical conditions coverage is more generous and the age limit is usually better too (our policies go up to 85 automatically without any additional premium.)
Corporate travel insurance is also handled in a dedicated area of our insurance companies claims office where there is more of an emphasis on speed of response to suit busy travellers. Our chosen service is provided by Allianz Global Assistance, the World’s leading travel assistance network with offices around the globe. Apart from paying the bills they provide 24 hour access to trained medical experts ready to assist you and your family should you need it.
Starting at $500, our policies are great value. They last a whole year, cover all your business trips at home and abroad, and automatically include holiday cover for directors and their families free of charge. It’s so easy to forget this important insurance coverage when you’re quickly panning trips last minute and there’s real peace of mind in ‘setting and forgetting’ this insurance.
All that we need to quote is an estimate of the number of trips that you’ll be doing in the next twelve months (split domestic and international) and whether you’ll be doing any heavy manual work – it’s as simple as that.