Kidnap and Ransom Insurance
 


Kidnap and Ransom Insurance

If you are an individual or corporation who operate in high risk areas around the world, which include Africa, Asia, the Middle-East and Latin America, then a Kidnap and Ransom insurance policy will provide protection against the following:

  • Kidnap
  • Extortion
  • Wrongful detention
  • Hijacking

A kidnap and ransom policy is an indemnity policy which means that they will reimburse the insured for any loss incurred. A kidnap and ransom policy will not come into effect until after the event, so if for example you were to be held to ransom, this would have to be paid first and then reimbursement under the policy would have to be sought. A kidnap and ransom policy will indemnify a person (or individuals) against the following types of losses:

  • Ransom payments
  • Loss of ransom in transit
  • Medical expenses
  • Death
  • Permanent disablement of the kidnapped individual
  • Fees for a crisis management consultant

With kidnaps and individuals being held to ransom on the increase in certain areas of the world a kidnap and ransom insurance policy will provide financial protection and support for families if the unthinkable were to happen.

If you would like a quotation for Kidnap and Ransom Insurance or need any further information then please do not hesitate to contact our brokering team who will be happy to assist on 01323 648000

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