When people think of travel insurance, for the most part they think about people travelling abroad on holiday, but just as many people go to foreign countries from the UK every year for business reasons. Equally those travelling abroad for business can experience any of the same problems – such as illness or injury, loss of possessions or the late cancellation of planned trips – as those going on holiday, ensuring that they also need to invest in a suitable travel insurance policy. Many of the top UK insurance providers – such as Endsleigh, to name but one – offer a specialist business travel insurance policy alongside their standard travel insurance.
Specialist business travel insurance offers many of the same benefits and protection that you will get with standard policies in this area, but this type of policy is specifically designed for those travelling on work-related matters. To that end it is designed to protect those who purchase it against the loss of, or damage to, specifically business-related equipment – including items like laptop computers or mobile phones. This could be as a result of the items in question being stolen, or lost or damaged as a result of negligence on the part of the travel company you have chosen to use.
This type of insurance can be particularly useful for people running their own business on a self-employed basis as this means that they will not have the usual insurance that the majority of businesses provide for their employees as standard practice. However specialist business travel insurance can also be worth seriously considering for those employed by a company, as, although they will probably have some kind of insurance cover provided, this may not cover them in the event of them losing their own personal property or suffering an injury or illness as a result of a non work-related incident. Comprehensive insurance cover is essential for anyone taking a trip abroad for business reasons.