What Every Business Traveller and Travel Planner Should Know

Business travel involves an array of details, whether you are travelling yourself or arranging travel for your business. Travel insurance can help protect you and your company against many costly and often time-consuming travel emergencies.

Click here to review the insurance section of the University of Toronto Travel Policy.



When a travel emergency occurs, many of us assume that we will be protected by Government Health Insurance Plans (GHIP), credit cards and Group Benefits. But there are some major gaps in the coverage that each of these provides. For example:
  • Typically, GHIP and employee benefit plans provide limited payments for emergency medical expenses abroad;
  • and GHIP does not:
    • Pay up-front
    • Cover a number of important risks, like emergency travel back to Canada
    • Offer easy-to-reach, multilingual, real time emergency assistance, 24/7
Travel insurance from RBC Insurance fills these gaps and covers these costs - conveniently and cost-effectively.


Coverage for every Business Traveller's needs:

Deluxe Package - Our most comprehensive protection
Multi-Trip Annual Plan - One policy. One price. Year-round coverage.
Rental Car Physical Damage - Costs less
Baggage and Personal Effects Coverage - For loss, delay or damage
Cancellation and Interruption Insurance - When travel plans change
Our complete lineup of travel insurance offerings - Learn about the travel coverages we sell. Your travel agent can help you choose the right one to make sure you and your company are fully protected

Our Deluxe Package offers Business Travellers:
  • Protection from medical and non-medical emergency expenses
  • Insurance coverage for an unlimited number of trips within a 12-month period to travellers 60 years of age or older.
  • Protection for rental car collision damage at rates generally lower than those offered by car rental agencies
  • Coverage for lost, delayed or damaged baggage and personal effects (eg. Laptops)
  • Cancellation and Interruption insurance for when travel plans change
  • Protection against airline cancellation penalties
  • The most comprehensive 'immediate family' definition in the industry (includes step-siblings, nieces, and nephews)
Multi-Trip Annual Plan
Our Multi-Trip Annual Plan protects frequent business travellers from costly emergencies by providing travel confidence for an unlimited number of trips within a 12-month period.

For as little as pennies a day, business travellers can get the coverage they need for an entire year. Choose from among the 9-, 16-, 30-, or 60-Day Plan*, depending on the coverage purchased and the age of the traveller.

* For example, the 60-Day Plan covers trips that last 60 consecutive days or less.

Rental Car Physical Damage
Rental Car Physical Damage offers protection for rental car collision damage at rates generally lower than those offered by car rental agencies.

Baggage and Personal Effects Coverage
Baggage and personal effects frequently go missing or get delayed while travelling. Ensure that these valuables are protected.

Cancellation and Interruption Insurance
Our Trip Cancellation and Interruption Insurance protects you r business against over 40 specified risks that could stop you or your colleagues from travelling as planned. For example, if a business meeting is cancelled for reasons beyond your company's control, our Trip Cancellation coverage can ensure that your travel investment is not lost.

Similarly, our immediate family member definition is among the most comprehensive in the industry. It even includes step-siblings, nieces and nephews. If a member of the traveller's family back home experiences a medical emergency, we provide coverage for travel cancellation or an early return. We also provide coverage if a travelling companion, key employee, caregiver or business partner becomes ill or injured.

Plus your company will be protected from financial losses associated with:
  • Airline cancellation penalties; and
  • Other non-refundable prepaid travel expenses covered by one of our over 40 specified risks.

Underwritten by RBC Travel Insurance Company
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