Frequent corporate and business travellers can research the right business travel cover options for Australians with quotewizard.com.au

Find Australian Business Travel Insurance Quotes

People who travel for business often have special needs when it comes to travel insurance: frequency of trips and expensive equipment being just two. So how can you conveniently and economically make sure your team is covered?


Annual Travel insurance

Over the last few years, more travel insurance providers have begun offering corporate travel insurance packages. They offer a low-premium rate for 12 month coverage, which means you don’t have to sign up to a new policy each time you travel for work.


Sure Save’s annual policy costs around $650 for one person (and the same for a family) for one year. It covers $50,000 in medical costs, $2.5 million in personal liability and $20,000 in cancellation costs, among other items. It doesn’t include any loss of income, accidental death or permanent injury, however.


Columbus Direct also has an annual policy on offer, which offers more cover for much less. Medical cover is up to $12.5 million, and many other extras are added in, including $5 million in personal liability, $62,500 for legal expenses and $62,500 for personal accidents, all for $275. Trips must not exceed 60 days.


Covering the extras

There’s one corporate package that goes a lot further in terms of corporate coverage, and that’s 1cover’s corporate package. Not only will they cover your whole team, but all of their family members too, even if they’re not travelling together. Anyone covered by the policy can take as many trips as they like during the 12 month period, for up to 90 days at a time.


They have also added in a few surprising extras: luggage cover up to $20,000, $10 million in personal liability and even kidnapping coverage for up to $200,000. This is by far one of the most competitive and comprehensive corporate policies on the market. The full PDF with policy wording is available on their website. Quotes for this policy are a little more complicated, as it depends on how many people are joining the policy. A form can be filled out online for a quote request.


Travel Insurance Direct also offers a very competitive annual travel insurance policy that certainly has the frequent flier in mind. Unlimited medical expenses, cancellation costs and additional expenses, as well as $20,000 for loss of income and $24,000 for luggage and effects are all covered. In addition, family members including children and grandchildren are covered for the duration of the trip.


Cover More also offers an annual policy, and although their quote is a little more complicated to get, their product disclosure booklet is very easy to find, and the cost of an annual policy can be as little as $378 for their ‘Options’ package (which offers more cover).


Cover More does cover the essentials very well, with unlimited medical, cancellation and additional expenses, as well as $12,500 for luggage and $25,000 for accidental death or permanent injury. They will also pay up to $9000 or $1500 per month for loss of income.


Depending upon your business requirements, there’s sure to be the right policy at the right price for you. All of the insurers have gone to great lengths to make sure their policies are easy to understand, making light work of comparing both policy content and prices.