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Business Travel Accident

Accident coverage to employees while traveling for business.

The Abacus Business Travel Accident program enables businesses to provide 24 hour accident coverage to their employees while traveling on business away from the premises of the policyholder.

The program is available to any business or company that has employees who travel on its behalf. The policyholder is the business itself and the insured persons are the employees who travel.

Classes

Coverage is available for the following class descriptions

Class Description Requirements
Class 1 All Full-Time Active Employees of the Policyholder earning $100,000 or more annually Either Class 1 or Class 2 is required
Class 2 All Full-Time Active Employees of the Policyholder earning less than $100,000 annually
Class 3 All eligible spouses/domestic partners of Class 1 & Class 2 Covered Persons Optional Classes
Class 4 All eligible dependent children of Class 1 & Class 2 Covered Persons

Coverage & Plan Options

Two plan options are available:

Coverage Plan A Plan B
Accidental Death & Dismemberment
Principal Sum Amounts

Class 1: 300,000

Class 2: 200,000

Class 3: 25,000

Class 4: 10,000
Principal Sum Amounts

Class 1: 500,000

Class 2: 300,000

Class 3: 50,000

Class 4: 25,000
Policy Aggregate Limit of Liability 1,500,000 per Covered Accident 2,500,000 per Covered Accident
Coma Benefit 1% of the Principal Sum for the first 11 months, lump sum up to 100% of the Principal Sum is paid in the 12th month 1% of the Principal Sum for the first 11 months, lump sum up to 100% of the Principal Sum is paid in the 12th month
Safety Device
Seat Belt- 10% of the Principal Sum up to $10,000

Air Bag- 10% of the Principal Sum up to $5,000
Seat Belt- 10% of the Principal Sum up to $10,000

Air Bag- 10% of the Principal Sum up to $5,000
Home Alteration/ Vehicle Modification 10% of the Principal Sum up to $25,000 10% of the Principal Sum up to $25,000
Bereavement/ Trauma Counseling 500 maximum per Covered Accident
$100 per session for a maximum of 5 sessions
500 maximum per Covered Accident
$100 per session for a maximum of 5 sessions
Emergency Medical Evacuation & Repatriation 100% of Usual and Customary up to $1,000,000 100% of Usual and Customary up to $1,000,000
Felonious Assault & Violent Crime 10% of the Principal Sum or a hospital stay benefit of $100.00 per day for up to 15 days 10% of the Principal Sum or a hospital stay benefit of $100.00 per day for up to 15 days
Out of Country Accident & Medical Emergency Coverage*
$25,000 Maximum Excess

Benefit Period: A maximum of 26 weeks

Incurral Period: 30 Days
$50,000 Maximum Excess

Benefit Period: A maximum of 26 weeks

Incurral Period: 30 Days

*Optional Coverage, Available in 40 States: AL, AZ, AR, CA, CO, CT, DE, DC, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MI, MS, MO, MT, NE, NV, NJ, NM, NC, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, WV, WI, WY.

Eligible States

The Abacus Business Travel Accident program is currently available for clients located in the indicated states. Hover over each state for a list of lines of business available.

The content displayed on this website is for informational purposes only and is not an offer for insurance. To apply for insurance, contact your broker.
Coverages referenced on this website may not be available in all territories and may vary depending on the exposure. Minimum premiums may vary by state.

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