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Travel insurance for a corporate trip is a wise choice. There are certain discounts one can avail of with travel insurance policies offered by different insurance companies. But you need to find out which insurance policy fulfills your requirement. While applying for corporate travel insurance, you should be aware of the reliability of your policy. Nowadays, the corporate travel insurance policy is one of the most economical ways to be safeguarded and secured while on a business trip. Corporate travel insurance is preferred in the business world as well as small and introductory business organizations. What does a Corporate Travel Insurance policy offer? Security & Safety Extensive corporate travel insurance will provide security and safety in unexpected emergency medical evacuation. Travel insurance providers offer entitlement for evacuation to the home country and everything is insured under a single time premium payment. There is no need of monthly or yearly payment when purchasing the corporate travel insurance policy. Repatriation and Funeral Services A corporate travel insurance policy will offer repatriation of remains. If in case the traveler dies on foreign land, the insurance policy will cover funeral service costs or the costs required to repatriating the remains back to home country. Dental expenses A corporate travel insurance policy will also cover unexpected emergency with regards to dental expenses so you can conveniently combat the circumstance without paying out of your pocket. Medical Facility A corporate travel insurance policy will also offer medical service benefit in case of hospitalization caused by health issues or any accidental injuries. Confer with your insurance provider on the details of the hospital cash coverage and deals offered. Almost all travel insurance providers will not provide the travelers with the reparations and unfortunate occurrences caused as the consequence of Civil or Foreign War, Terrorism, Personal Inflicted Injuries, Suicide, Non adherence to medical advice, influence of liquor, narcotics or drugs, AIDS or HIV, Nervous and Mental Problems, hazardous sports like parachuting, hang gliding, bungee jumping etc. Offer Fresh Passport making charges The corporate travel insurance policy will also offer the claim for the overhead costs charged for making a new passport. The insurance policy for this type of coverage is a flexible one and you need to confirm with your insurance provider. Compensation Offer for delay in flight Corporate travel insurance plan also offers compensation under the holiday insurance policy for business trip, if the flight is delayed for more than 12 hours. A corporate tour is amusing and exciting, as much as it's about the responsibility of making business deals. With a sensible and comprehensive corporate travel insurance policy, you will find additional protection insurance coverage while on a business tour. About the Author It is very essential to have a travel insurance policy. Author Pranav Sharma is an experienced insurance professional and widely read expert on general insurance based in Mumbai. Pranav helps readers opt for best travel insurance policy in India.
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