The threat of kidnapping and extortion has dramatically increased, not only abroad, but also at home. Whether it is companies with employees traveling, a family on vacation, or even a domestic threat, it seems these emotional, financial and devastating threats of extortion and detention are all too real.
Burns & Wilcox, a leader in specialty insurance, can provide access to Kidnap and Ransom (K&R) insurance to address the concerns of organizations whose professionals or families are at high risk. Our coverage options can be customized for your clients’ specific needs and are unrestricted worldwide.
Coverage Details and Features
- Limits up to $5 million
- Includes reimbursement for money paid for extortion or ransom
- Includes money for rewards provided for information leading to arrest or conviction of perpetrators
- Includes medical, cosmetic, psychiatric, or dental expenses following insureds release
- Includes expenses related to rest and rehabilitation
- Includes coverage for accidental death or dismemberment
- Includes coverage for financial loss pertaining to kidnapped employee’s finances
- Offers immediate access to security consultants and crisis management experts
- Flexible limits to meet all needs
- Low minimum premiums
- Low deductibles
- Defense costs outside the limit available
- Can be combined with General Liability Coverage under package policy for many classes
- Contingent Bodily Injury Coverage and Property Damage
- Coverage available for many classes
Ask an Expert
At Burns & Wilcox our expertise becomes your expertise. Our marketing materials are designed to help you give your clients what they want to hear – yes to almost any hard-to-place-risk.
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