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The Benefits of Business Travel Insurance for SMEs
Since COVID, there has been a huge shift in the working practices of most businesses, with hybrid and remote working remaining prevalent, and many employees choosing to work from home, if they can. But are businesses losing out in conducting much of their communication virtually instead of face-to-face? And is there still much to be gained from the ‘old-school’ world of travelling for business?
SMEs looking for opportunities to grow their business need to make contacts with customers and suppliers, plus build strong relationships, and, arguably, face-to-face works better for this. Making the effort to visit a client in person could also be beneficial by winning you more confidence from that client and helping to close a deal or win that contract.
So, if business travel is still rewarding when it comes to seeing your company thrive, and building better relations with clients and suppliers, what aspects of business insurance should you be considering?
Unforeseen events can disrupt even the most meticulously planned itineraries, causing missed opportunities and financial losses. This is where business travel insurance comes in, operating as a vital safeguard and safety net against various risks and uncertainties. What are the benefits that make business travel insurance an indispensable companion for the corporate traveller?
- Protection against trip cancellation or interruption
- Coverage for emergency medical expenses
- Assistance with lost or delayed baggage
- Reimbursement for travel delays
- Assistance with legal and financial emergencies
- Liability coverage
- Customisable coverage options
- Business interruption
Read more blogs from Ascend:
Corporate travel insurance is an essential purchase What is business interruptionAny questions? Please don’t hesitate to contact one of our team.
matthew.collins@ascendbroking.co.uk | Telephone: 01245 449 060
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