medical coverage – CompareInsurance.ae Blog

As a business traveller, you have different needs and concerns than the average vacationer. Luckily for you, business travel insurance can help fill in the gaps and worries, giving you peace of mind throughout your trip. Keep reading to learn more about business travel insurance and why you need it.

What’s business travel insurance?

Business travel insurance covers you when you travel abroad for business purposes. Depending on your policy, it can cover anything from lost or damaged business equipment to medical expenses and trip cancellation.

Although business travel insurance is designed for corporate employees, any business traveller can use it, e.g., self-employed individuals. As long as you’re travelling for business and not leisure purposes, you can purchase a policy to protect you financially.

Why do you need business travel insurance?

If you’re a business individual who takes multiple or single business trips every year, a comprehensive business travel insurance policy provides appropriate and effective support and protection. For instance, if you’re injured while abroad, it’ll pay for your medical expenses so that you’re not responsible for substantial costs.

Additionally, if you travel with expensive equipment, such as laptops and tablets, purchasing cover ensures you’re protected from damage, loss and theft.

All in all, business travel insurance minimizes your financial risk and liability, allowing you to focus on what’s important – conducting business.

Does travel insurance cover business trips?

Never assume your policy for vacationing abroad will come through for you when you travel for business. This is because the typical travel insurance policy doesn’t cover business trips. Why? Business travellers have a different set of concerns, so you’ll have to buy a separate travel insurance policy for your business travels.

What can business travel insurance cover?

Business travel insurance policies are available in various options, but the five primary categories your policy should cover include:

• Trip cancellation
• Medical coverage and evacuation
• Baggage
• Corporate equipment loss and damage
• Other personal loss

Remember, you can always get more coverage by purchasing add-ons.

Use our tools and resources here at Compare Insurance to find your ideal business travel insurance policy. You can compare quotes from different providers to find the right cover at a competitive price to find the best travel insurance companies.

Photo: Free image by Pixabay

The UAE has its own health system which is government-funded. However, it is also mandatory for UAE residents to take out health insurance, which is typically done via an employer. While this minimum-limit coverage, as defined by the government, provides useful protection in the event of illness or injury, it’s also a good idea to consider taking out a private policy in addition to mandatory insurance. Here’s why:

1) Faster treatments

With mandatory health insurance and medical coverage, you may be placed on a waiting list for treatment. During this time, your condition could get worse. With private health insurance, you can expect to be fast-tracked as soon as you make an appointment, as both diagnosis and treatment times are much quicker when attending a private hospital or clinic.

2) Private rooms

If you require a short stay in the hospital, you may feel like you want privacy during your convalescence. This is not guaranteed under mandatory health insurance. When you choose a private health insurance policy that stipulates that a private room will be guaranteed in the event of requiring a hospital stay, you can have the peace of mind that you’ll be able to recover in a more discreet and comfortable environment.

3) Value for money

In comparison to other countries, the cost of private health insurance is significantly less in the UAE. This is because things like surgical operations and treatments are cheaper. With a health insurance policy, you can expect to get the best possible treatment when you need it, without having to worry too much about the overall cost.

4) Access to more treatments and prescriptions

Some drugs and operations are not available with mandatory health insurance. To ensure access to the treatment you need, it is important to have a private health insurance policy with adequate cover.

5) Lots of options

When choosing private health insurance in UAE, you can select from policies that cover you within your city of residence, or plans that cover you for the whole UAE. If your occupation doesn’t involve much travelling, a city-wide plan could help you to save money. If you require nationwide coverage, you’ll be able to find a health insurance plan that suits your lifestyle.

If you’d like to know more about health cover in UAE, please feel free to contact us today. A member of our team will be happy to help you find the most suitable deal.

Photo: Free image by Pixabay