Travel Accident Coverage

In the world today, our exposure to the risks of travel is increasing. Group Travel Accident policies are designed to cover serious accidental injuries or death while employees are on business trips. Employers can select a basic Travel Accident policy, or they can choose to customize a Travel Accident policy to fit their specific business needs. Some options for the employer are to:

• purchase coverage for all employees or only for certain classes of employees
• provide war-risk coverage for instances where employees are traveling to a country which is in a state of war, either declared or undeclared
• go beyond business trips to include 24-hour coverage for all accidental injuries
• add travel assistance services including emergency medical assistance and trip planning

Travel Accident protection helps to fill the gaps, supplementing Life insurance in the event of an insured’s death, and providing crucial financial protection for employees.

Questions you may be asking are:

Can Travel Accident protection be extended to cover spouses and dependents?

Does the employer have to provide the Travel Accident coverage, or can employees purchase their own coverage?

Schiff, Kreidler-Shell welcomes the opportunity to help your organization examine these and any other questions you may have. Please contact Tom Colvin, J.D., CLU at 513-977-3128.