You don't need business travel insurance. It's not required to travel in the same way that car insurance is required for you to drive. But if you aim to relax and enjoy your trip, then you should have business travel insurance.

If you're working for somebody else, then the first thing to do is to see what kind of insurance they provide in exchange for your traveling to represent them. If they don't have much to offer, maybe you should speak up and ask about it.

After you check what your employer has to offer, review your personal health insurance for any possible business travel provisions.

The following are the basics for what a business travel insurance policy should provide. This may seem simple, but when you consider the number of items, you may miss an item or two if you do not keep a checklist.
You will want your business travel insurance to include:

• Medical and health coverage for an injury or sudden illness abroad.
• Transportation coverage if your injury or illness requires an ambulance, helicopter or airplane to get to a hospital.
• Personal liability coverage, to protect against lawsuits in case you hurt someone else or damage their property.
• Reimbursement for luggage and possessions that may be lost or stolen, and also in case of a lost passport or visa. Keep an eye on the deductible.
• Reimbursement for costs if your business travel is cancelled or cut short. This should include reasons why you may abort or shorten the trip, including an accident, illness, pregnancy, jury service or witness summons or home emergency (fire, storm, flood, burglary).
• Financial protection if your airline goes bankrupt before you use your ticket, or in case the employees shut down the airline by going on strike.

Watch for loopholes. For example, be aware of the coverage if some sort of incident occurs, the authorities step in and a test shows that you have an elevated blood alcohol level. Or your possessions are lost and the insurer tries to assert that you did not keep close watch or demonstrate reasonable care. Beware of those loopholes.

Finding the Best Business Travel Insurance Deals
The first source that will try to sell you business travel insurance is probably your own personal travel agent, or the online source where you make arrangements. Research shows that this is rarely the best deal.

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