Corporate travel insurance
When business travel does not go to plan, corporate travel insurance can help cover out-of-pocket costs to your business and employees.
We arrange corporate travel cover for businesses Australia-wide, for directors and employees, and spouses and dependants travelling with them.
Who should consider it?
If you or your employees travel for work, corporate travel insurance can protect your business from financial loss after events such as overseas health emergencies, flight cancellations or lost and stolen baggage.
It works like travel insurance, but is set up for your business, covering unexpected travel costs if specific events happen.
What usually is not covered?
Exclusions and the excess vary greatly between insurers. Exclusions may include:
- Some pre-existing conditions (we can explain these)
- Refunds if your travel provider becomes insolvent
- Pregnancy
- Travelling against medical advice
There are other exclusions, and we will take you through them.
What it can cover
Corporate travel policies vary in the benefits they provide. As a guide, your policy may include:
Overseas medical and evacuation
The costs of medical treatment and evacuation if staff become seriously ill or injured on a business trip.
Life and disablement
Protection for your staff if they become disabled or pass away while travelling for business.
Cancellations and missed connections
The costs of booking additional flights and accommodation for staff.
Rental car excess
The excess on a damaged or stolen rental vehicle.
Loss of deposits
Deposits on accommodation, flights or conferences if a trip is cancelled due to accident or illness.
Personal liability
Damage to property or bodily injury you cause or are responsible for while travelling.
Replacing an employee
The cost of sending or hiring someone to replace an employee who is injured or seriously ill during work travel.
A real-world example
A single fall overseas can mean surgery, rehab, cancelled flights and a replacement worker.
An injury in London
While visiting clients in London, your employee falls down a flight of stairs, fracturing their hip and breaking their arm.
After being taken to hospital, they are told they need surgery on their hip and physiotherapy before they can fly home. Their flight the next day must be cancelled.
Depending on the policy, you may be able to claim the medical costs of surgery and rehabilitation, the flight cancellation and the extra accommodation during physiotherapy. You may also be able to claim for someone to take over your employee's duties until they are back in Australia and fit to work.
How we work with you
Independent broking, Australia-wide, with one point of contact.
- We learn how your business runs: what you do, turnover, staff, premises and contracts.
- We compare cover across a range of insurers and explain the key inclusions, exclusions and limits in plain English.
- We help with certificates of currency for landlords, leases and contracts.
- We support you at renewal, when your business changes, and through the claims process.
Frequently asked questions
Does corporate travel cover domestic trips?
Many corporate policies cover domestic business travel as well as international trips, subject to conditions such as minimum distance from home. We check what yours includes.
Are spouses and children covered?
Many corporate policies extend to spouses and dependants travelling with the insured employee. Check the policy for limits.
Do we need to tell the insurer about every trip?
Annual corporate policies usually cover trips automatically within the policy limits, so you do not need to arrange cover for each trip.
Can you cover a single business trip?
Options for one-off trips may be available. Tell us about the trip and the travellers and we will look at what suits.
Talk to us about your cover
Tell us how often your team travels and where, and we will talk through your options. Call us, email us or request a callback. We service businesses Australia-wide.
Get in touch
- Phone
- (03) 9078 6473
- info@mminsure.com.au
- Hours
- 9:00am to 5:30pm, Monday to Friday
Find out more
Every business is different - which means you need an insurance solution that is tailored for you. For more information, contact us today.
Contact us