Travel accident insurance is seen as an inexpensive and valuable employee benefit tool for recruiting and retaining managers and executives who travel within the U.S. or abroad – particularly in a climate marked by international terrorism.
So says Harry Ennevor, president of brokerage house E.G. Bowman Co. Inc., in a recent commentary. While he writes that nearly all major corporations and institutions pay the full cost of coverage, smaller employers often offer it as a voluntary benefit, with premiums fully or largely paid by participating employees.
