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Types of Coverage Available
Business travel insurance policies vary widely, offering different levels of coverage based on the needs of the business. Some common types include:
- Trip Cancellation Insurance: Covers non-refundable expenses if a trip is canceled due to covered reasons such as illness or severe weather.
- Medical Insurance: Provides coverage for medical emergencies, including hospital stays and emergency evacuations.
- Baggage Insurance: Protects against loss or damage to luggage and personal effects.
- Travel Delay Insurance: Compensates for additional expenses incurred due to travel delays.