Kidnap and Ransom Insurance

Any company that has significant assets or whose family members, officers or employees travel outside the United States should seriously consider Kidnap and Ransom insurance. These days, traveling abroad can be risky due to political instability in many countries. K&R provides broad coverage for companies, owners and employees for incidents involving kidnapping both here in the United States and abroad.

Typical K&R insurance provides the following coverage:

• Ransom or extortion payments
• Expense coverage for public relations, medical, cosmetic, psychiatric, and dental services
• Rest and rehabilitation costs
• Reward payments for informants
• Salaries of employees and temps needed to replace employees
• Accidental death and dismemberment coverage
• Expenses for crisis management experts and negotiators to effect release of the victim

K&R can be purchased as a stand-alone policy, with no requirement for any other coverage to be purchased. Contact us today to learn more about this affordable coverage.