Source: Travolution
Research conducted by business travel and expense management platform, TravelPerk, has revealed that 44% of business travellers don’t have official company-level travel insurance, 24% reliant on personal policies and 15% on credit card insurance. The data uncovers the importance of insurance to employees, with travel insurance (37%) as the second most important thing their company can do to support work travel, surpassing extra time off at destination (30%) and healthy meals (24%).
To match this need, TravelPerk has launched new medical and baggage insurance product for European business travellers booking return flights – protecting them as they travel across the globe. This new add-on offers a seamless, in-platform insurance experience powered by trusted provider battle face.
The UK rollout follows successful launches for TravelPerk customers across Europe and comes at a time when business travel disruption is increasingly common, and company travel insurance coverage remains patchy. With customer needs varying per region, the launch reflects TravelPerk’s commitment to building flexible, localised solutions that respond to real needs.
Jon Hoar, SVP Product at TravelPerk, said: “When we surveyed business travellers, nearly 30% had encountered medical issues during work travel that were not covered by their policy and 39% reported being unprotected for lost luggage. This new offering is our solution, so they are covered for any eventuality – simple, reliable protection built directly into our platform, ensuring our customers can travel with confidence.”
Read the full article: https://www.travolution.com/news/travelperk-launches-new-medical-and-baggage-insurance-add-on/
