What type of business travel insurance do I need?
The type of business travel insurance you need depends on how often you travel and where you’re going.
How often you travel will determine if you need:
- Single trip travel insurance
- Multi-trip travel insurance
Single trip travel insurance is suitable if you’ll only be making one trip within the next 12 months. This insures you for the duration of your business trip.
Multi trip business travel insurance, also known as annual travel insurance, might be cheaper if you’ll be going on more than one trip in the next year. Multi-trip travel insurance covers multiple trips throughout a year under one simple policy.
Where you’re going will also influence the type of business travel insurance you need. Different countries require varying levels of travel cover. You’ll select your destination when you get a business travel insurance quote with us so your cover will be tailored to your needs.
Are there any exclusions with a business travel insurance policy?
Exclusions on a business travel insurance policy are the same as with a standard travel insurance policy. You can expect the following to be excluded from your business travel cover:
- Travelling against Foreign, Commonwealth and Development Office (FCDO) advice
- Incidents involving alcohol and drugs
- Any pre-existing conditions that you didn’t declare
- Not reporting certain events within 24 hours
- Injuries or claims from taking part in risky activities
Travelling against Foreign, Commonwealth and Development Office (FCDO) advice will mean any policy you have won’t be valid. For example if there are known reasons not to visit a country or region.
Incidents involving alcohol and drugs are also excluded for claims.
Any pre-existing conditions that you didn’t declare when you bought your policy won’t be covered.
Not reporting certain events within 24 hours of them happening. If you were to have something stolen or have an accident, you should report it to your insurer as soon as possible.
Injuries or claims from taking part in risky activities and sports may not be covered. If you’re planning on doing winter sports, you’ll need to add this to your policy.
What our travel insurance expert says
Make sure you have the right cover in place before you travel - standard policies won’t cover you for business equipment or loss of company money. The last thing you need is to pay out for any lost equipment while on a work trip!
Travel insurance product executive
Need more help?
No, a standard travel insurance policy won’t have the right level of cover for business trips. Your business equipment, such as laptops and phones, wouldn’t be covered on a standard travel policy.
To make sure you’re covered for business trips, select business cover when getting your quote.
No form of travel insurance is a legal requirement. However, if you travel without an insurance policy, and something of yours was stolen or you had an accident, you may have to foot the entire bill.
Getting a business travel insurance policy with the right level of cover means you can focus on your business trip, knowing that your equipment and any cancellations are likely to be covered.
You may or may not be protected by ABTA or ATOL, depending on how/where you’ve booked your trip. ABTA protection means you’d get a refund if your travel company were to go bust.
Most flights booked as part of a package holiday will be ATOL protected, which means holiday makers are refunded their flight costs if their tour operator collapses. Business trips will not necessarily have ABTA or ATOL protection.
Yes, you can add additional cover for sports and leisure activities. Although most of these will already be covered by your policy, you may need to take out extra cover if you’re going to be doing higher risk activities like skiing, mountain climbing or hang-gliding.
Yes. Although the UK has left the EU, you can still use your European Health Insurance Card (EHIC) as long as it hasn’t already expired. If you don’t have an EHIC, you can apply for its replacement, the Global Health Insurance Card (GHIC). The GHIC gives you state healthcare in most European countries at a reduced cost or sometimes for free.
However, the EHIC or GHIC aren’t considered a replacement for a travel insurance policy. If you’re going on a business trip, you should still have business travel insurance in place.
You might have an annual travel insurance policy through your bank, which they could be billing you for on an annual basis, and which could be part of a package of benefits.
If you have a travel insurance policy through your bank, you should check the policy wording, particularly as it may not cover the things you get with a business travel insurance policy.
If you need to make a claim you should contact your insurer as soon as possible, and within 24 hours of any incident.
Look for information about making a claim on your policy booklet or on your insurer’s website. Many insurers have a 24-hour emergency phone number to help you with your claims.
It’s important to keep relevant receipts and any documents/evidence to back up your claim and keep these to hand. Your insurer may ask you for your policy number when you contact them.
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