Kidnapping and ransom insurance protects your employees against the risk of kidnapping, extortion, detention and misappropriation of assets or insured persons. This policy compensates the ransom amount to be paid for one or more kidnapped people. The basic cover provided by Kidnapping & Ransom insurance is:
- Setting up support in the event of kidnapping
- Fees for a specialist service provider to manage the crisis
- The necessary amount to stop the threats or free the detained persons or property
- The ransom amount
- Life or disability insurance sum