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Business Travel Coverage Expands Globally

Insurance policies have emerged covering everything from luggage retrieval to extraction from hot spots

By Chad Hemenway | Updated on September 17, 2012
businessman in airportAs economies grow ever more connected across international borders, business travel has increasingly become a global endeavor for companies of all sizes.

Consequently, as more employees are sent traveling to more destinations to check on factory operations or seal deals in remote, emerging markets, the possibility of something happening to a business traveler also increases.

That “something” can mean anything from a lost passport or luggage to the need for extraction from a dangerous situation in a foreign country due to political unrest.

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