As your company expands globally, so do your exposures. Kidnap & Ransom (K&R) insurance has been developed to reimburse the policy owner for the expenses incurred with a kidnapping. Companies with international operations and executives or staff who travel internationally may be targets for kidnappers and extortionists. Unfortunately, average US citizens and business owners have become more vulnerable due to the current politics and economics of the world.
While no one can predict where or when a kidnapper or extortionist might strike, there are steps that you can take to protect your executives and families and prepare for a possible threat. A Kidnap & Ransom policy should be an integral part of your risk management program. The crisis response team has worldwide knowledge about how negotiations should be handled in each specific location. To request a quote, please complete a K&R Application.
Additionally, you may need world-wide high limit accident insurance when traveling to high risk destinations, including war & terrorism can be included. Policy limits up to $50,000,000 are available. Riders include sudden cardiac arrest rider option, and nuclear, chemical, & biological rider options.