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Showing posts from April, 2021

Does Your Company Need Group Travel Insurance?

  Unlike, say, public liability insurance and errors & omissions (E&O) insurance, not every company needs group travel insurance. This makes things a bit trivial. Many companies who should invest in this policy end up wondering and questioning the importance of group travel medical insurance. Many even forgo the key factors and decide not to buy this policy – only to end up regretting later of course. So, does your company need group travel insurance? In general, if you or your employees travel for business purposes, you definitely need group travel medical insurance . However, how big (or small) this coverage should depend on several factors, like how often your team travels, where do they travel, what are their risk exposures, and so forth. Quantifying such factors to figure how much coverage you should have is a challenge. This is where getting help from licensed insurance brokers can be a good idea. Connect with an experienced insurance broker that specializes in business i