Kidnap, Ransom & Extortion
       
 

Kidnap, Ransom and Extortion are real dangers for companies operating both overseas and in domestic markets.  This insurance covers financial losses arising from kidnapping, ransom and extortion demands made against insured companies and/or employees and provides the services of leading crisis management and security consultants.

Coverage can include:
    Death or dismemberment benefits arising from a covered incident
Ransom/extortion payment
Loss in-transit of payment
Judgment, settlements and defense costs
Recall costs
Business interruption
24-hour emergency response help line
Consultant costs
Related expenses
Security Consultants

Salary continuation

Personal financial loss

Medical costs

Rest and rehabilitation

Travel and accommodation

Loan interest payment

Reward

Interpreter

Forensic analysis

Underwriting considerations include:

Type of industry
Country of residence
Revenues
Travel patterns of employees