"Each year the number of people traveling
for business purposes is astonishing. The Global Business Travel
Association counts over 488 million trips taken annually. Each year business
travelers take an average of 12 trips, typically lasting at least 5 days. An
estimated 1.3 million business trips occur daily in the U.S. alone. These
figures are expected to grow another 7% this year.
Even with video/web conferencing, online
meetings, and daily conference calls business travel continues to increase and
is vital to the success of many companies. Hectic schedules, missed
flights, transportation issues, and hotel problems are the least of the
employees' worries. Many
employees are citing concerns related to personal security, terrorism,
political unrest and infectious disease epidemics.
It's also crucial that companies and
organizations embrace Duty of Care obligations and take the necessary steps to
reduce potential dangers or problems that could occur while their employees
travel. Employers need to have a well communicated plan in place and part of
this plan is providing Business Travel Accident (BTA) insurance for their
employees. BTA insurance is an inexpensive benefit that supplements any
employee benefit program. This World Class Protection is designed to offset the
risk and potential loss of a key employee(s) and to compensate families of
employees for their loss of income due to accidental death or permanent disability
of a loved one."
If international business travel is on your itinerary, this is must-have info.
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