Kidnap and Ransom Insurance

Kidnap & Ransom Insurance, Family kidnap and ransom insuranceProtecting your family while on vacation, on spring break in a foreign country, or during international business travel presents unfortunate risk tied to personal safety. The headline news of kidnappings and extortionists over the past few years is enough to make anyone a little uncertain about the safety of international travel.

 Unfortunately, the same safety concerns about abductions are also present in our own country.  Recently the market for Kidnap & Ransom insurance has exploded.  There are more carriers offering high limits and very low premiums for kidnap & ransom insurance.  Typically, a small company or family should expect to pay about $750.00 per million of coverage.   

Fortunately, Swingle Collins is very familiar with the best Kidnap & Ransom insurance underwriters and coverage offered for your company or family.  Our insurance agency has kidnap and ransom insurance solutions to manage the risk associated with being a target for kidnappers or extortionists.  Many individuals, families, or companies wouldn’t know where to turn if they were notified of a crisis such as a kidnapping or extortion event.  You will have piece of mind knowing your kidnap and ransom insurance  allows you access to the resources & experts you need in order to help your family and employees when this type of situation does occur. 
 
As an additional benefit of kidnap & ransom insurance, your family or company works exclusivley with the best possible crisis-response team available.  This crisis-response team will take control of the situation and handle all aspects of the hostage recovery and negotiations, serve as the liaison between the insured and law-enforcement, and even handle the delivery of the ransom.
 
Additionally, our clients are offered kidnap & ransom insurance coverage that provides piece of mind when you or any of your loved ones are traveling.  Key features of this insurance include the following: 
 
  • Reimbursement of ransom or extortion monies paid, including cyber extortion.
  • Independent security consultants and security guard services
  • Public relations consultants
  • Travel and accommodations
  • Independent legal advicekidnap & ransom Insurance, dallas, texas
  • Assistance where a government or political terrorist is involved
  • Reward monies for information leading to an arrest and conviction
  • Coverage for personal financial loss
  • Medical expenses incurred following the insured person’s release
  • No deductible for most risks
  • Includes express kidnappings
  • Business interuption
  • Accidental death & dismemberment

Insured person includes:

  • The company, its directors and officers, and full-time, part-time, seasonal, leased, and temporary employees
  • Independent contractors
  • Volunteers and interns
  • Relatives of employees
  • Guests on the company’s premises or in an employee’s home
  • Any person retained to deliver a ransom

Handling kidnap & ransom insurance coverage can be difficult.  Making sure the policy is with the best agent and underwriter is one thing your company & family should do to make sure you have the most comprehensive coverage the market has to offer.