Corporate Travel Insurance
for Livestock & Property Agents
When directors or staff travel for work, a delayed trip or medical emergency can quickly become a business issue. RMA Insurance Brokers reviews Corporate Travel for Livestock & Property Agents around the people travelling and the journeys they make, with straightforward advice on the cover available.
Overview
Cover for people travelling on behalf of the business
Corporate Travel Insurance is arranged by a business for directors, employees and other eligible travellers. Depending on the policy, it may provide cover for overseas medical emergencies, cancellation or disruption, baggage and business equipment, personal accident and selected travel-related liabilities or expenses.
For Livestock & Property Agents, cover may need to accommodate interstate and overseas journeys, varying trip lengths and different traveller categories. Who is insured and what qualifies as an insured journey should be clear before travel takes place.
Cover
What can it cover?
Common areas of cover to consider include:
Overseas medical, evacuation & assistance
If an insured traveller becomes ill or is injured overseas, cover may assist with eligible medical and hospital expenses and, where necessary, evacuation or repatriation.
Core medical benefits under Corporate Travel Insurance generally relate to expenses incurred overseas. Medical treatment incurred in Australia is generally not covered under this part of the policy.
Most insurers provide an emergency-assistance service and may require contact or approval before major treatment, evacuation or other significant costs are arranged.
Cancellation & travel disruption
Depending on the policy and cause of the disruption, cover may assist where a journey has to be cancelled, cut short or rearranged.
This can include certain missed connections, additional accommodation, rebooking or other eligible costs, taking into account refunds available from airlines, accommodation providers or other travel suppliers.
Baggage, documents & business equipment
Loss, theft or damage involving baggage, travel documents and business equipment may be covered while an insured traveller is away.
Depending on the wording, cover may also assist with essential replacement items following significant baggage delay. Item limits, security requirements and conditions can apply, particularly for laptops and other valuable business equipment.
Personal accident benefits
Some Corporate Travel policies provide specified benefits where an insured traveller suffers accidental death or disablement during an insured journey.
The benefits, limits and circumstances that apply vary between policies and should be checked against the traveller arrangements in place.
Rental vehicles, personal liability & selected extensions
Some policies may provide cover for eligible rental vehicle excess costs and certain personal liability exposures arising during an insured journey.
Depending on the policy and traveller category, selected extensions may also be available for incidental private travel, accompanying partners or dependants, or other defined travel arrangements.
These extensions should not be assumed. The schedule, traveller definitions and policy wording determine whether they apply.
Review your cover
When your business travel changes, review your cover
Corporate Travel should remain aligned with who is travelling and the journeys the business is making. Three common review points are below.
Travellers & frequency
Adding directors, employees or other traveller categories, or materially increasing the number or frequency of business trips.
Destinations & journey length
Introducing overseas travel, adding new countries or regions, or taking longer trips than the policy was originally arranged for.
Medical, private travel & extensions
Relevant medical conditions where disclosure or assessment is required, accompanying partners or dependants, or combining business travel with private days where an extension may be needed.
Broker support
Why RMA Insurance Brokers?
RMA Insurance Brokers works closely with Livestock & Property Agents and understands that business travel can range from interstate conferences and training to client, supplier and industry visits and occasional overseas trips. We review the policy structure and benefits against the business's travel arrangements rather than treating every business trip the same.
We arrange the cover, manage updates and support you throughout the policy period. If something happens while a traveller is away, we assist with notification, supporting information and communication with the insurer, including access to emergency-assistance services available under the policy.
Review your corporate travel insurance
If your business travel arrangements have changed, or your Corporate Travel Insurance has not been reviewed recently, RMA Insurance Brokers reviews what is in place and works through any updates with you.
The information on this page is general and does not take into account your objectives, financial situation or needs. Consider whether the information is appropriate for you. Cover is subject to the terms, conditions, limits and exclusions of the relevant policy. Insurance products and available cover vary between insurers. Review the relevant policy documentation before making a decision.