Corporate Travel Insurance
What travel risks shall we insure against?
Medical expenses (basic insurance coverage, must be included)
Personal Accidents
Personal Third Party liability
Loss, damage or delay of luggage
Financial loss due to cancellation or interruption of the trip for important reasons
Employee Replacement or Resumption of Assignment Expenses
Rented vehicle insurance deductible buy-back
Vehicle hijacking
BUNDA Travel insurance advantages
Pandemic and epidemic
A disease for which a pandemic or epidemic has been declared shall be considered an insured event.
24/7 assistance in your language
In case of an accident, the assistance company will provide 24/7 assistance in Lithuanian, Latvian, Estonian, English, Russian and German languages.
No deductible
In most cases, we will not apply deductible not only to medical expenses, but also to travel expenses, luggage, and Third Party liability insurance.
We will cover theft of computer and travel documents
We will not apply sub-limits to:
- Liability for non-pecuniary damage and court costs
- Baggage items or groups of items
- If you lose your travel connection – for acquiring a new ticket
Insurance in emergency situations
War and terrorism cover shall also include a passive war and terrorism while being abroad.
Practical examples
Covid-19 treatment in France
While in France, the person became ill with COVID-19 and was treated in the intensive care unit. After recovering from COVID-19, due to the consequences of the disease, he was repatriated to the country of permanent residence for further treatment. After using the European Health Insurance funds, the remaining costs incurred were ~ EUR 8.000.
Treatment in Belgium and repatriation
During the trip to Belgium, the person felt bad. Cardiac disorders were reported in a medical facility. The person was treated in a local hospital, later for further treatment repatriated to country of permanent residence with a medical escort. Total losses (after covering part of them under a valid EU health card) made ~ EUR 21.000, including ~ EUR 13.000 of medical expenses and ~ EUR 8.000 of transportation costs.
Practical examples
Covid-19 treatment in France
While in France, the person became ill with COVID-19 and was treated in the intensive care unit. After recovering from COVID-19, due to the consequences of the disease, he was repatriated to the country of permanent residence for further treatment. After using the European Health Insurance funds, the remaining costs incurred were ~ EUR 8.000.
Treatment in Belgium and repatriation
During the trip to Belgium, the person felt bad. Cardiac disorders were reported in a medical facility. The person was treated in a local hospital, later for further treatment repatriated to country of permanent residence with a medical escort. Total losses (after covering part of them under a valid EU health card) made ~ EUR 21.000, including ~ EUR 13.000 of medical expenses and ~ EUR 8.000 of transportation costs.