Corporate Travel Insurance
Business travel isn't a holiday, and you need different cover
Medical emergencies overseas, cancelled client meetings, stolen business equipment, missed flights that cost you contracts. Corporate Travel Insurance protects you and your team when work takes you beyond your home office.
What could go wrong
(and why you need this)
Business travel multiplies your exposure. Medical emergencies in countries with expensive healthcare, cancelled meetings that can cost you contracts, stolen business equipment, and missed flights are all common issues.
Additionally, personal travel insurance often excludes business trips entirely. A single medical emergency in the US can cost between $50,000 and $100,000. Without corporate travel cover, that’s coming from your business.
Scenario 1
The medical emergency in the US
You’re in San Francisco meeting potential investors. You collapse with severe chest pain. Hospital admission, cardiac tests, and overnight observation.
US medical bill: $45,000*. Emergency flight home with medical escort: $25,000*. Your personal travel insurance doesn’t cover business trips. You’re facing $70,000* in bills.
Scenario 2
The cancelled pitch
Scenario 3
The stolen laptop at the airport
Scenario 4
The cancelled conference
You’ve paid $8,000* for non-refundable conference tickets, flights, and accommodation for a major industry event in London.
The conference was cancelled at the last minute due to unforeseen circumstances. You lose the entire investment.
What this actually covers
Corporate Travel
Corporate Travel Insurance protects you and your employees during business travel:
Medical cover overseas:
- Medical and hospital costs
- Emergency dental treatment
- Prescription medications
- Emergency evacuation and repatriation
- Medical escorts if needed
- Pre-existing conditions (often excluded, check policy)
Business-specific cover:
- Business equipment and documents
- Laptop, phone, tablet, cameras
- Samples, marketing materials, displays
- Luggage and business attire
- Emergency replacement of essentials
Travel disruption:
- Cancelled or delayed flights
- Missed connections affecting business
- Additional accommodation if stranded
- Emergency travel costs to get home
- Costs of rescheduling meetings
Business liability:
- Rental car excess (if you crash a hire car)
- Third-party property damage during travel
- Legal liability while travelling for business
When you need this
By founder stage
Start smart
Pre-launch to first year
You need this from the moment you:
- Fly interstate for client meetings or conferences
- Travel overseas for business development
- Send employees to training or events
- Visit suppliers, partners, or prospects
- Attend trade shows or industry events
Single trip vs annual:
First business trip? Buy a single-trip cover. Regular traveller? An annual multi-trip policy is a better value (unlimited trips under 30-60 days each).
Scale strong
Growing and hiring
Your cover needs to increase when:
- You’re sending multiple employees on business trips
- You’re travelling to higher-risk destinations
- Your team carries expensive equipment (cameras, demo units)
- You’re attending high-value conferences or trade shows
- You’re doing international expansion trips
Stay protected
Established and optimising
Review your cover annually:
- Update annual multi-trip limits (check 30, 60, or 90-day trip limits)
- Add high-risk destinations if your business expands geographically
- Increase equipment limits as you upgrade business tech
- Consider loss of income or contract penalty cover for critical trips
- Review medical limits (especially for US travel)
Common questions
Founders actually ask
Can't I just use my personal travel insurance for business trips?
No. Most personal travel policies specifically exclude business travel and business equipment. If you’re travelling for work, you need corporate cover. Claims will be denied if you’re on a business trip with personal cover.