Kidnap / Ransom / Extortion
Traveling abroad can expose you or your company to the risk of Kidnap & Ransom. Kidnap and Ransom (K&R) insurance protects corporations and individuals against financial losses that results from kidnapping, extortion and ransom demands. This insurance is relatively inexpensive and an important component of any firms risk management program.
Typical losses reimbursed by K&R insurance include but not limited to:
· Kidnaps for ransom
· Express kidnaps
· Child abductions
· Hostage situations
· Unlawful incarcerations by foreign governments
· Security related evacuations
· Disappearances of insured persons
· Individuals or organizations declared persona non grata
The policies also typically pay for the fees and expenses of crisis management consultants. These consultants provide advice to the insured on how to best respond to the incident.
Provide peace of mind give Trinity Managers International a call us to discuss.