Cybermediary RapidInsure.co.uk has linked up with with servicing company Anthony Kidd, and launched a new group business travel insurance product.
Group Travel will enable companies to buy travel insurance only once, avoiding the time and inconvenience of arranging cover for each individual journey.
Any business trip of up to 31 days taken by any staff member during the year is covered by the policy.
For an additional 10% premium, cover can be extended to protect staff and their families who choose to combine their business trip with a pleasure break of up to seven days.
James Spalding, director of RapidInsure.co.uk, said: “With all RapidInsure policies simplicity and speed are the key, and Group Travel is no exception. To apply, businesses simply provide the estimated number of trips to three separate geographical areas – UK, Europe and worldwide – and the average length of trips to each.
“The premium is calculated instantly and cover can be completed online in under three minutes, so last-minute arrangements are not a problem.”
Key benefits of the policy include: