Companies doing international business rely heavily on their assets abroad to establish their presence in commerce. One way to create or strengthen a foothold in countries abroad is to send employees to these countries to run the business operation. Protecting the company's assets is vital to success. Beyond merchandise, a company's assets include employees, vehicles and the buildings in which they operate the business. Customized international insurance plans can be created through reliable providers. When devising a comprehensive insurance plan protecting all of a company's assets for a business abroad, the unique details and risks faced in each specific location should be considered.

Employees

When employees are a company's most treasured asset, their health and safety is at the top of a business' customized international insurance plan.

Medical coverage should entail a choice of outpatient and inpatient services, routine check-ups, emergency care, maternity visits, prescription medication co-pays and reimbursement of medical expenses. International term life insurance will financially protect the employee's family in the event of a worker's death. Other tailored coverage packages may include specialty insurance, such as kidnapping and ransom, earthquake and flood, workers' compensation and business income protection.

Vehicles

Transportation for employees and products is seldom possible without the use of commercial fleet vehicles. They, too, require protection. International motor insurance covers a significant investment in cars and trucks, whether they are involved in on-the-road accidents during transport or are stolen or damaged when not in use. The drivers and passengers of the company's vehicles will also receive protection under certain customized plans, depending on what is selected.

Buildings and Inventory

When most people think of on-site commercial assets, they are referring to office buildings, warehouses and storefronts, as well as contents and merchandise. These are critical components to any business venture's foothold in countries abroad. International property insurance for organizations and businesses should include general liability. This provides repair or replacement costs for damage and loss from vandalism, theft, lightning, flood and fire. In some cases, it may also provide protection for a company's reputation due to slander, libel and other problems encountered in the world of international business.

When a business chooses to create customized international insurance packages, there are many things to consider. The elements and unique characteristics of each country involved in the operations should be considered. Management can consult with a reliable company to organize the policy and choose how to best protect all of its assets, not just the buildings and commercial inventory.