Whenever you make a business trip plan to traveling to Schengen countries or many countries of the World, the embassy of that country required some documents for your visa application, travel insurance is one of the mandatory documents which you need to submit while visa interview. Business travelers visiting foreign countries are highly recommended to travel with a business trip insurance policy. If you experience an unexpected accidental sitution or health problem while you are abroad, you may be responsible for medical bills and some important costs. Business travel insurance minimizes your liability and financial risk, allowing you to focus on your business.