Whether it be to negotiate business, meet with clients, explore growth opportunities, or serve in foreign missions projects, there are certainly a variety of occasions in which a business might require employees to travel abroad. Because employees who travel internationally can be exposed to potential health risks that can include anything from food poisoning, automobile accidents, or infectious diseases, it is important to secure the proper level of coverage through a foreign voluntary workers' compensation (FVWC) policy in addition to a business travel accident policy.
Especially for companies who participate in LBMC Employment Partners’ PEO and travel internationally, here’s what you should know when it comes to workers' compensation coverage and foreign travel.
Reminder for PEO Clients
LBMC Employment Partners’ workers' compensation policy is not intended to cover injuries that take place in foreign countries. Our recommendation, supported by our independent insurance broker and carrier, The Crichton Group, is that you would consider purchasing a comprehensive foreign liability policy to include workers' compensation. These policies have a number of benefits, including but not limited to AD&D coverage, Foreign Auto Liability, Foreign General Liability, Foreign Workers' Compensation, Kidnap and Ransom Protection, repatriation expenses, and more.
Foreign Travel Tips
Employees who travel internationally should consult the U.S. Department of State’s Bureau of Consular Affairs website for several important international travel tips that range from travel alerts, warnings, and safety and security information. From information about potential ongoing crime or violence to terrorist attacks to health outbreaks, travelers can’t be too informed when it comes to traveling outside the U.S. borders. The government site also provides a traveler’s checklist that includes valuable information on the following topics:
- Destination Information
- Crisis Planning
- Health Precautions
- Money Matters
- Special Considerations (faith-based travelers, journalists, travelers with disabilities, etc.)
- Required Travel Documentation
For questions about how to obtain one of these policies, which insurance companies are most competitive, or anything else involving coverage for foreign travel, contact us today!