Corporate Travel - DKG Insurance Brokers
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Corporate Travel Insurance

When business travel doesn’t go to plan, corporate travel insurance can help to cover out-of-pocket costs to your business and employees.

If you or your employees need to travel for work, corporate travel insurance can protect your business from financial loss associated with situations such as overseas health emergencies, flight cancellations or lost and stolen baggage.

Corporate travel insurance is similar to personal travel insurance. It can cover your business for unanticipated travel costs if specific events happen. It can also cover your directors and employees as well as spouses and dependents travelling with them.

Since the beginning of the Pandemic, many insurers added exclusions to their travel policies in relation to travel and medical expenses related to COVID19 claims. Many insurers have now removed the Coronavirus exclusion altogether or provided limited cover. It is important that you check your policy to ensure you have the broadest cover possible.

At DKG Insurance Brokers, we understand that the needs of each client are different, therefore we will take the time to assess your individual risk requirements and deliver a bespoke solution. Please reach out to one of our experienced brokers today.

Important note − The information provided is general advice only and has been prepared without taking into account your objectives, financial situation or needs. When making decisions about corporate travel insurance, please consider the Product Disclosure Statement.

"If you're going overseas, travel insurance is as important as a passport. If you can't afford travel insurance, you can't afford to travel."
Australian Government, Smart Traveller Website, 2022

Corporate travel insurance varies in the benefits provided. Your insurance broker can help you find the right product to suit your business travel needs. But to give you an idea, here’s the type of cover that your policy may include:

Type of cover Potential benefits
Overseas medical and evacuation cost The prohibitive costs incurred of covering staff for medical and evacuation costs if they become seriously ill or injured during a business trip.
Life and disablement cover Protects your valued staff if they become disabled or pass away while travelling for business.
Flight cancellations and missed connections The costs of needing to book additional flights and accommodation for staff.
Rental car excess The excess on a damaged or stolen rental vehicle.
Loss of deposits Reimburses deposits on accommodation, flights or conferences if you or your staff member’s trip is cancelled due to accident or illness.
Personal liability Property damages you may have caused or been responsible for, or bodily damage where you are at fault.
Cost of replacing an employee The cost of having to employ new staff to replace an employee who is injured or becomes seriously ill during work travel.

What usually isn’t covered?

Exclusions and the excess you need to pay can vary greatly depending on your insurer. However, exclusions may include:

  • Some pre-existing conditions (your broker can explain these).
  • Refunds if your travel provider becomes insolvent.
  • Pregnancy.
  • Travelling against medical advice.

There are other exclusions which we can outline for you.

Important note − The information provided is general advice only and has been prepared without taking into account your objectives, financial situation or needs. When making decisions about corporate travel insurance, please consider the Product Disclosure Statement.

"If you're going overseas, travel insurance is as important as a passport. If you can't afford travel insurance, you can't afford to travel."
Australian Government, Smart Traveller Website, 2022

"If you're going overseas, travel insurance is as important as a passport. If you can't afford travel insurance, you can't afford to travel."
Australian Government, Smart Traveller Website, 2022