What is business travel insurance?
Business travel insurance policies cover you if you're travelling for work purposes, rather than leisure. It covers things like business equipment and company money, where standard travel insurance wouldn't.
To get business travel insurance, when you get a quote, select ‘business cover’ from the range of optional add-ons. We’ll then show you a range of insurance providers you can choose from.
What does it cover?
Your business travel insurance policy typically cover:
Business equipment like laptops, tablets, phones, and other personal belongings
Sports equipment like golf clubs and tennis rackets
Extra expenses from missed connections
Company money that's lost or stolen
Alternative travel arrangements if your flights are cancelled or delayed
If your airline goes bust and you need to cover travel expenses
Your policy also includes basic, standard travel insurance cover. This includes:
- Cancellation cover
- Medical treatment
- Repatriation (returning to the UK)
- Baggage cover against theft, loss or damage
What's included can vary so check the policy wording see what’s covered before buying.
What doesn't it cover?
Exclusions on a business travel insurance policy are the same as with a standard travel insurance policy.
Travelling against Foreign, Commonwealth and Development Office (FCDO) advice - if the FCDO has warned against travelling to a particular country.
Incidents involving alcohol and drugs - business or standard travel insurance doesn't cover you if you're under the influence of drink or drugs
Any pre-existing conditions you didn’t declare when you bought your policy
Not reporting certain events, like theft or having an accident, within 24 hours
Theft or loss of items you didn't take care of (such as not storing valuables in a safe if your policy states you should)
Do I need European or Worldwide cover?
This depends on where you’re planning to go - a business travel policy doesn’t automatically cover all countries. European cover and worldwide cover are pretty much exactly what they sound like, but with some factors you need to consider:
European travel insurance
This covers you for travel within Europe - it’s recommended by the FCDO but isn’t a legal requirement. It usually covers emergency medical costs, treatment and repatriation, flight cancellations and loss of baggage and personal possessions.
Worldwide travel insurance
This covers you for almost anywhere in the world including: Europe, Asia, Africa, Australia and the Middle East. It also covers for emergency medical expenses, repatriation costs, cancellation costs and baggage and possessions cover.
Cover for countries like Turkey and Egypt can vary between European and worldwide depending on the provider, so it’s best to read the policy wording before buying. When getting a quote for worldwide holiday insurance you can choose between:
Worldwide excluding Canada, Caribbean, Mexico and the USA
Worldwide including Canada, Caribbean, Mexico and the USA
What our travel insurance expert says
Do I need single-trip or multi-trip business travel insurance?
This will mostly depend on how often you're going to travel for business trips.
How much does business travel insurance cost?
According to our data1, the average cost for a business travel insurance policy is £6.97. However, there are a number of different factors that can affect how much you pay. The cost of your policy depends on:
- Where you’re travelling to
- Length of your trip
- Your age and profession
- Your health
- Winter sports
- Your excess
Where you’re travelling to - insurers rate destinations differently. For example, the more dangerous the country, the more your insurance will cost. They'll also take into account the price of the country's medical fees, which is also be reflected in the price you pay for your policy.
Length of your trip - how long your business trip is for can affect your costs. The longer you're away, the more likely you are to make a claim. If you're away for between 1 and 18 months, consider long stay travel insurance.
Your age and profession - those aged 65 and older can expect to pay more for their travel insurance due to higher health risks. What you do for a living also affects your costs. For example, if you're a journalist reporting in a dangerous country or a wildlife photographer, you have to pay more due to the risky nature of your job.
Your health - having a pre-existing medical condition can increase the cost of your insurance. Conditions including cancer, high blood pressure, diabetes, stroke, heart and respiratory problems should be declared to your insurer. Making sure you've got medical travel insurance is the best way to get the cover you need.
Winter sports - activities such as skiing or mountain climbing are considered high risk by insurers. You can get cover as an added extra but this increases your policy price.
Your excess - increasing the excess you agree to pay with your insurer could reduce the cost of your policy. Just make sure you can afford to pay your excess if you need to make a claim.
Why choose Confused.com?
- Founded in 2002, we have over 2 decades' worth of experience in insurance. Based in Cardiff, we help millions of customers each year with their car, home, van, motorbike and travel insurance needs.
- We’re FCA regulated, as are the 39 travel insurance providers we work with. All of our providers are reputable, trusted brands so you can rest assured you’re in good hands whoever you choose.
What are the different types of travel insurance?
is the perfect option if you plan on traveling more than once a year.
it will cover you for any holidays that you've got planned in Europe this year.
means you can get one policy that covers everyone, rather than buying individual policies.
is the perfect policy for those who plan to travel for an extended period.
allows you to easily get a quote for travellers over the age of 50.
helps provide peace of mind for any unexpected problems while away.
is an affordable way to make sure you're covered on your next holiday.
will cover you for travel to multiple locations around the world.
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