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Travel Insurance
Summary:
This policy provides you or your beneficiary up to $150,000 of insurance if you die by accidental means or suffer the loss of limb, sight, speech, or hearing while traveling on official Rensselaer business, except when the travel takes place in a private aircraft. Your beneficiary is the same beneficiary you designated for your Rensselaer Basic Life Insurance.
Rensselaer pays the full cost of this benefit.
How does Rensselaer define travel?
Travel is defined as a significant and substantial business trip that begins when you leave your home or work location and ends when you return to your work location or home. Everyday travel to or from your home or to your work location is not a "trip" and, therefore, is not covered under this policy.
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Who is eligible?
Rensselaer provides business travel insurance to all employees who are required to travel on Rensselaer business. Coverage is automatic. However, you should always be sure there is documentation in your office regarding the travel and that your term life insurance beneficiary form is up-to-date. |
