Advent Transportation Blog

The Importance of a Travel Insurance for Business Travelers

Posted on: June 20th, 2017

travel insurance

Entrepreneurs pride themselves in time management, and it would be unfortunate if any unforeseen circumstances deter or cause delays in their international trips. If such events cause you to miss important business meetings, you can end up incurring huge financial losses. Our airport transportation in Nashville is built on quality limo services, skilled and professional chauffeurs, and friendly customer care. We value entrepreneurs and understand the importance of protecting you and your business when traveling abroad. For this reason, we’d like to share some insights on the importance of obtaining travel insurance before leaving the country.

Flight delays

When it comes to running any business, time is always very valuable, as lost time can mean lost revenue. Flight delays are a common occurrence in most airports mostly due to inclement weather, flash strikes by employees, technical problems, and other issues. When delays occur, they can inconvenience a business traveler and lead to loss of income due to missed business meetings, deals, and transactions. If you have a travel insurance cover, your insurer will compensate you if no other travel arrangement is possible.

Last minute cancellations

Unexpected events can occur that may force you to cancel your trip at the last minute. These may be changes in your meeting’s schedules, emergencies in your business, sickness, or personal matters. When such events occur, you may suffer losses as most business trip expenses are non-refundable. Travel insurance can help cover you in such circumstances. You will be reimbursed for expenses such as airfare and accommodation that were already paid for before the cancellation. Most travel insurance packages provide this cover, and it is a good idea to have it as you never know what circumstances may force you to cancel or postpone your trip.

Baggage loss and delay

Most business people travel with valuable business equipment and personal items such as laptops, business products, jewelry, clothes, and other things. It would be unfortunate if your baggage got lost or was delayed at the airport. However, such issues are common among international travelers, and it is important for you to protect your valuables. Travel insurance covers baggage loss and delays during your trip. The insurer will compensate for lost items and any losses incurred as a result of luggage delays. This helps to take the stress out of such situations and gives you peace of mind throughout the journey.

Legal liability

Accidents can take place at any location, including the airport or in a foreign country. For example, you can damage someone’s property or cause them injury or even death. In such a case, the other party can sue you or demand compensation. Such situations can be difficult to manage, especially if the court is involved. Travel insurance can help you out of the situation as long as you are not at fault. The insurer appoints an attorney to handle the legal formalities of the case and compensates you for the cost of the same.

Unlike vacationers, business travelers have a lot at stake when traveling abroad. Obtain travel insurance so that you can protect yourself and valuables during your international trip. Feel free to contact our limo service in Nashville when you get into the country. We offer safe, luxurious, and comfortable limos with professional chauffeurs at your service.

Share