Anyone who goes travelling away from their friends and family on business doesn’t want to think about any negative circumstances. But it’s the reality of preparing for any journey away, and the methods used for preparing for a business trip are not the same as those used for a family holiday.
No matter what, businesses have a responsibility for their staff no matter where they are in the world. So what kind of cover should you have in place before embarking on a business trip?
Employer liability insurance and the employee
Whether it was caused on the business premises of offsite, you’ll be pleased to know that your employer’s liability insurance covers you for both illnesses and injuries. But, as Bluefin Professions notes, this isn’t enough to cover everything that could happen when abroad.
However, you must be aware that this does not cover cancelled flights. It doesn’t cover all medical costs, nor does it provide any support with repatriation costs. If nothing else, flights and travel bookings get delayed or cancelled quite frequently – it’s worth getting business travel insurance just for that!
Travelling in Europe with EHIC
The European Health Insurance Card (EHIC) is a must-have when travelling around Europe for leisure, but you must also look at separate business cover.
Although EHIC can provide travellers with many benefits, it can also be limiting. As stated on the NHS website, an EHIC will cover:
- The right to access state-provided healthcare during the visit. This is often free, or at least at a reduced cost.
- Treatment of a chronic or pre-existing medical condition should it be needed during the visit.
- The provision of oxygen and kidney dialysis, but these must be pre-booked before the trip. If a private provider is booked, however, this isn’t covered.
- Routine medical care for people with pre-existing conditions that need monitoring.
EHIC will fail to cover the following:
- Private medical healthcare.
- Private medical costs such as mountain rescue at ski resorts.
- Being flown back to the UK.
- Treatment on cruises.
- Lost or stolen property.
- Medical expenses if travelling abroad specifically for treatment.
- Some parts of the EEA (European Economic Area).
Can expenses be claimed through credit card insurance?
Sometimes, expenses can be claimed back but it can depend on the situation. Corporate Traveller points out that credit card insurance is often quite basic, with limits surrounding the claim amounts and how long the trip is.
You may be familiar with Section 75 of the Consumer Credit Act which can protect purchases of between £100 and £30,000. If this chain is broken at any point, such as by a third party, then the purchase may not be covered. Such third parties include travel agents or a third-party payment processor.
Why business travel insurance is essential
Regular travel insurance is a great investment, but business travel insurance is tailored specifically to your trip. For example, business travel insurance can come with the following:
- Cover for business equipment, such as laptops.
- If an employee is not able to attend a meeting or conference, the business travel insurance can cover for another colleague to be flown out as a replacement attendee.
- Cover for business money. If large amounts of the company’s money needs to be taken on the trip, business insurance cover can cover for it being lost or stolen.
Think forward by looking into business travel insurance to ensure you’re covered across all areas. Be sure to check the different policy details between different insurance provider.
This article was provided by accident at work solicitor, True Solicitors.