For a business on the go
If your company operates outside of its home country in any capacity, providing travel insurance to your staff is of great benefit.
Travel Insurance is designed to pay for certain unexpected costs that may arise when travelling. These can include emergency hospital/medical costs, trip cancellation insurance, lost baggage, and accidental death insurance. Not all plans cover all of these components. For instance, trip cancellation insurance may not include health insurance.
Emergency travel health insurance may be needed for people who frequently travel outside of Canada for extended periods or to countries where health care is expensive or difficult to get.
Group health insurance through an employer, union, or professional association may cover out-of-country hospital/medical expenses. Bank or trust company “gold” cards and other credit cards may also offer some protection.