Overview: A lot of employers send workers across the globe to perform certain business functions. No matter why travel is taking place, employees on a business trip face many risks. To counteract any problems which might occur, Business Travel and Accident Insurance offers employers some protection from the unknown.
Business Travel and Accident Insurance can help protect employees who get in accidents while on the road. It can be a supplement to traditional life insurance, and is a good benefit to offer a worker who frequently travels.
This type of insurance may also cover certain events that occur more than a predetermined length from the workplace. For example, depending on your coverage, it might cover a tire blow out that happens more than 100 miles from the place of employment.
Ashley Shaw, JD, Legal Editor
This section helps HR professionals understand the value of offering certain insurance benefits, such as life insurance, accidental death and dismemberment (AD&D) insurance, short-term and long-term disability benefits.
Employment glossary definition of Business Catastrophe Liability Insurance.
Employment glossary definition of Business Travel and Accident Insurance.
HR guidance on acquiring business travel and accident insurance.