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What is Corporate Travel Insurance

Corporate Travel Insurance is a specialized insurance policy designed for businesses and their employees who travel domestically or internationally for work purposes. This policy covers unexpected events that may occur while traveling, such as medical emergencies, trip cancellations, missing flight, or loss of business equipment/documents.


Why do I need Corporate Travel Insurance

For Frequent Fliers

It provides coverage for employees who frequently travel for business purposes

Medical Coverage

It covers medical expenses, including emergency medical evacuation and repatriation of remains

Trip Protection & Delay

It offers protection against trip cancellations or interruptions, such as cancelled flights or natural disasters

Corporate Asset Protection

It provides coverage for lost or stolen business equipment, such as laptops or other company-owned devices

Emergency Coverage

It offers 24/7 emergency assistance services for employees who require immediate help or advice while abroad

Cost-Benefit

It is a cost-effective way to ensure that employees are covered under one policy and can travel with peace of mind

Mandatory Visa Requirement

It may be required by certain countries or visa applications

Loss of document

Passport, ID proof and other such important documents required when travelling can be easily lost

Loss of baggage

Loss of important documents and baggage, including a laptop etc., is covered

Dental Treatment

Dental health is an increasing concern and the treatment abroad, is an expensive affair. This emergency is covered

Legal Liability

While traveling abroad, an employee may find herself/himself in a position where a legal liability is created, i.e., a third-party injury or damage while driving, this is addressed under this cover

Emergency Evacuation

An unforeseen calamity can occur anytime while travelling abroad. Emergencies such as a rapid spread of an endemic or political unrest/war like situation is covered under this policy

Body repatriation

In the unfortunate event of the death of the employee travelling abroad, the repatriation of the dead body is provided for under this insurance cover


Key Features/Benefits of Corporate Travel Insurance Policy

Medical coverage, including emergency medical evacuation and repatriation of remains

Trip cancellation or interruption coverage

Lost or stolen business equipment coverage

Accidental death and dismemberment coverage

Personal liability coverage

Emergency medical and travel assistance services

Coverage for pre-existing medical conditions (if applicable)

24/7 customer support and assistance

Customizable coverage options based on business travel needs


Inclusions in Corporate Travel Insurance

Here is a list of a few general inclusions

Medical expenses, including emergency medical treatment, hospitalization, and prescription medication

Emergency medical evacuation and repatriation of remains

Trip cancellation or interruption coverage

Lost or stolen business equipment coverage

Personal liability coverage

Accidental death and dismemberment coverage


Exclusions in Corporate Travel Insurance

Here are a few factors NOT covered in corporate travel insurance

Pre-existing medical conditions that are not declared or covered by the policy

High-risk activities, such as extreme sports or adventure activities

Illegal or reckless behaviour

Non-compliance with policy terms and conditions

Mental health issues that are not covered by the policy

Travel to high-risk destinations that are excluded by the policy


Popular Add-on Covers in Corporate Travel Insurance

Medical Cover

Covers medical expenses for illness or injury during travel.

Personal Accident Cover

Provides financial assistance in case of accidental death or disability during travel.

Baggage Loss or Delay Cover

Covers the cost of lost or delayed baggage during travel.

Emergency Evacuation Cover

Covers the cost of emergency medical evacuation during travel.

Rental Car Damage Cover

Covers damage to rental cars during travel.

Flight Delay Cover

Covers the cost of accommodation and meals due to flight delays during travel.


How To Buy Online Policy from PolicyLeader

1. Visit Policyleader.com

Visit the official website of Policyleader.com to purchase corporate travel insurance.

2. Select Corporate Travel Insurance

Choose the type of corporate travel insurance that meets your requirements from the available options.

3. Enter Travel Details

Enter the travel details, including travel dates, destination, and number of travelers, to get a customized quote.

4. Choose Add-On Covers

Select any additional covers that you may require, such as trip cancellation, medical cover, or baggage loss cover.

5. Check Premium and Coverage

Check the premium and coverage details for the selected policy and add-ons.

6. Make Payment

Make payment through the available payment options on the website.

7. Receive Policy Documents

After successful payment, you will receive the policy documents through email, which can be downloaded and printed for future reference.

8. Customer Support and Agent Visit

Policyleader.com offers customer support for any queries or assistance required during the purchase process or during the policy period.


How to file a Corporate Travel Insurance Claim

1. Inform the Insurer

Inform the insurance company as soon as possible after the occurrence of an event that may lead to a claim, either by calling their customer service helpline or sending an email.

2. Submit Required Documents

Collect and submit all required documents, such as original bills, receipts, medical reports, and police reports, as per the claim form's guidelines.

3. Fill and Submit the Claim Form

Fill out the claim form with accurate details and submit it along with the required documents to the insurance company.

4.Claim Settlement

Once the claim is processed, the insurance company will inform you of the claim settlement amount and mode of payment.

5. Dispute Resolution

In case of any disputes or disagreements with the claim settlement, reach out to the insurer's customer service department or the ombudsman for dispute resolution.


Documents Required for Corporate Travel Insurance

  • Passport - A copy of the passport of the insured person is required for the insurance application.
  • Visa - A copy of the visa of the insured person is required for the insurance application.
  • Airline Tickets - A copy of the airline tickets is required for the insurance application.
  • Invoice - A copy of the invoice for travel-related expenses, such as flight bookings, hotel reservations, and transportation, is required.
  • Medical Reports - Medical reports may be required for claims related to medical emergencies or accidents during the travel.
  • Police Reports - Police reports may be required for claims related to theft, loss of belongings, or accidents.
  • Other Documents -Any other documents related to the travel, such as travel itinerary, boarding passes, or proof of ownership for expensive belongings, may also be required depending on the insurer's guidelines.

Why should you choose PolicyLeader for Corporate Travel Insurance

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24/7 claim support

Policyleader offers 24/7 claim support to ensure that the policyholders can receive timely assistance in case of any travel-related emergencies. They have a dedicated customer support team that is available round-the-clock to assist with claim-related queries and guide the policyholders through the claim settlement process.

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Customized policy options

Policyleader provides customized policy options to ensure that the policyholders get the best possible coverage as per their specific requirements. Their experienced advisors analyze the policyholder's needs, assess their risk profile, and suggest the most appropriate policy options that offer comprehensive coverage at affordable premiums.

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Expert advice from experienced advisors

Policyleader's experienced advisors are available to provide expert advice to the policyholders, helping them choose the best policy that suits their travel requirements. They can assist with selecting the most appropriate policy options, understanding the policy features and benefits, and answering any queries related to the policy.

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Multiple insurers under one roof

Policyleader has tied up with multiple insurers and offers a wide range of policy options under one roof. This ensures that the policyholders can compare and choose from the best policies from leading insurers. Additionally, they have a strong presence and experienced insurance brokers in Gujarat and around the country, providing personalized and professional service to the policyholders.

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Simple and hassle-free process

Policyleader provides a simple and hassle-free process for buying corporate travel insurance. The policyholders can complete the entire process online, including comparing policy options, selecting a policy, and making the payment. Policyleader also provides guidance and support throughout the process to ensure that the policyholders can make an informed decision and purchase the policy that best suits their needs.

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Compare & Save upto 85%*

On Travel Insurance

*Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.

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