Promote your commitment to employees’ well-being by including Travel Insurance in your Group Employee Benefits package

Home blog Promote your commitment to employees’ well-being by including Travel Insurance in your Group Employee Benefits package

Promote your commitment to employees’ well-being by including Travel Insurance in your Group Employee Benefits package

Whether your employees are away on business or traveling with their family, mishaps and misfortunes can occur that have costly ramifications.

Adding Travel Insurance to your Group Employee Benefits is not only a financially sound decision but also sets you apart as an attractive employer, which is particularly important in today’s competitive job market.

Apart from running the risk of contracting an illness or being involved in an accident, travellers could also find themselves in unexpected places when planes get redirected due to weather or other reasons.

Stranded in strange destinations, an uninsured employee would have to pay for food, accommodation and other expenses out of pocket. A price ultimately paid by the employer but nonetheless inconvenient for the traveller if they are unsure of how and when expenses will be reimbursed. Knowing that Travel Insurance is a part of their Employee Benefits package will give employees piece of mind in those circumstances.

If a team member travelling with luggage full of their finest clothing is uninsured for lost or damaged items under their home insurance policy, it would be the company’s responsibility to contribute to the purchase of replaced clothing and other items. Having Group Benefits plan that includes a Travel Policy has the benefit of covering those potentially costly expenses.

And an Employee Benefits plan that includes Travel Insurance could extend beyond work-related travels. It could also include coverage for employees travelling on holiday, when they are abroad or out-of-province with their spouse and children, giving a layer of security and saving the extra work of procuring their own travel insurance.

All in all, including Travel Insurance in your company’s Group Benefits package promotes your standing as an employee that looks after team members’ well-being.

CHES Financial Services’ Group Employee plans are available for businesses with as few as two employees and include comprehensive and flexible benefits. To find out more about CHES Financial Services Group Benefits, contact one of our expert advisers or email us at peaceofmind@chesfinancialservices.ca

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