The Best Policy

Numbers, money, explaining a choice


The Problem

You are the Travel Organiser for your company which has many executives travelling round the world. Because it is cheaper, you want to find a standard business travel insurance policy which will operate for any of your executives when they have a business trip which involves flying.
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Silver Lining
Insurance.....Executive Ins. ....Loss Support Ins....B.T. Insurance
Premium per flight
+ daily cost
1.50 + 1.00.....1.50 + 1.50..........1.00 + 1.25..........2.00 + 1.00
Maximum
medical
Benefits..1 m.... ...500,000...............750,000...............No Limit
Cover for journey
delays.....yes..........no........................yes..........................yes

Total claimable for loss of :

* valuables..250................250....................200.....................500
* cash...........200................400....................200.....................300
* personal belongings
(clothing etc)..1,000.........1,200...................800...................1,000
* documents....200............250...................200......................200
*equipment...1,500.........2,000...............1,500...................3,000

Action

Discuss and decide which policy to take-out.