Corporate Travel

What is it?

Corporate Travel Insurance covers expenses for medical treatment, emergency medical evacuation, flight cancellations or lost luggage for your Employees or Directors who travel overseas or within Australia on business. Some insurers offer cover for acts of terrorism and war.

A Corporate Travel policy is specifically designed to protect companies from many kinds of business travel expenses without many of the usual restrictions and exclusions placed on regular travel policies. This allows you to have confidence in their personal safety and security when travelling.
 

What does it cover?

Most insurers will provide cover on a broad basis. Look for the following in the cover:

  • Personal Accident & Sickness
  • Medical Expenses
  • Additional Expenses including Curtailment
  • Repatriation of Mortal Remains or funeral expenses
  • Missed Transport Connection Expenses
  • Baggage, Money, Travel Documents; including cover for Keys & Locks and delayed baggage
  • Kidnap, Ransom, Detention & Extortion
  • Alternative Employee Expenses
  • Hire Car Excess
  • Extra Territorial Workers Compensation
  • Personal Liability
  • 24 hour emergency assistance through an Assist Group that provides Security and Emergency Management such as:
    • Emergency medical assistance
    • Medical evacuations to first world care every year.
    • Services such as replacing a lost passport, to providing interpreters to retrieval of a deceased person and their transportation back to Australia.
    • Availablity 24 hours a day, 365 days a year.  
  • Loss of Deposits and cancellation  such as from financial collapse or insolvency of an entity such as an airline hotel chain, travel agent or tour company
  • Death by sickness - lump sum being paid out on similar to Life insurance
  • Overseas leisure travel of insured company director's and their accompanying spouse and dependant children are automatically included
  • Overseas medical expenses related to pre-existing conditions
  • Ongoing medical expenses cover up to 24 months after the event, even after the Insured Person has returned to Australia
  • Cover for events resulting from terrorist attacks
  • Worldwide War Cover but most include exclusion areas which can be included at an additional cost

Why do you need it?

You have a duty to look after your employees and Directors who travel regularly interstate and overseas. Legally you may be vicariously liable anyway. They take time away from friends and family sometimes at great risk. Their personal health and safety, as well as their own personal belongings are at risk. They will perform their work better and represent your company much better knowing that they would be looked after in an emergency travel situation. 

Who can help?

An Insurance Broker can find the right Insurer for you with the most appropriate policy wording.  An insurance broker's role is to act as your representative and work in your interests, seeking the best cover at the best price for you with their skill, market knowledge and experience. Call a good one.

Call CPR –Experts who will save you 

Kidnap & Ransom Insurance - What is it?

Claims Examples of Corporate Travel

Check with Smart Traveller before you go

Latest News

Robert Cooper - one of 100 faces of small business

This week it was announced as part of Small Business Week,  that Robert has been named one of the 100 faces of small business for a State Government promotion on the great value that small businesses play in the State of Queensland.

You can see Robert's entry here:

It is the third accolade for CPR Insurance Services in a month and after seven and a half years in business is a real pep up for the company.

For Robert, it is the culmination of many years experience, becoming well qualified, experiencing the highs and lows of a career and always wanting to contribute to his community. Sometimes, these things just come together and you receive recognition for your efforts.

Robert says that there is no doubt that starting your own business is a huge challenge, but with the right research and planning, the right people around you and a good set of values that you apply to the vision of the company, you have a very good chance of making it all succeed.

Robert says he is lucky. He has a strong supportive Wife, Mandy, who is also part of the business, along with efficient and hard working staff such as Julia McLauchlan and Aidan Harmer who are building up their own skills in a learning environment. 

However, the most important and most supportive people for CPR Insurance Services are our clients who have stuck by us and supported us over the past seven years. Our focus remains on providing the best possible service we can and always acting in their best interests. To all our clients, we say thank you!

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CPR Insurance wins Brokerage of the year

CPR Insurance Services picked up the award for the Best Brokerage (1-5 staff) in Australia, last Friday Night (4th May 2018) at the Insurance Business Magazine Awards held at the Westin in Sydney.

Judging came from various parts of the industry. It is a great honour to be recognised for our hard work and particular Business values we follow. A full list of winners is listed here.

Success comes from having great staff, and we thank Aidan Harmer and Julia McLauchlan as important support staff for helping us win such an award.

CPR Insurance has been in operation for more than 7 years now and is only successful because of the wonderful support from our staff, insurers and most importantly, our fantastic clients who put their faith and trust into our company to be their Risk Advisers and Brokers. 

Thank you to all.

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