Kidnap & Ransom (K&R) insurance is a specialized form of crime coverage and provides reimbursement in the event of a financial loss associated with either an actual or threatened kidnap, detention, or damage to property. Coverage is designed to provide protection at home and abroad. Owens Group can help you secure a policy that addresses your risk profile.
Kidnap & Ransom insurance is available for the following events:
K&R provides coverage for expenses that involve: ransom and extortion monies paid; transit and delivery payments; consultant expenses; judgments, settlements and defense costs; death and dismemberment; and personal financial loss, medical, rest and rehabilitation and travel. In addition, coverage is available to pay expenses for extra security, post-traumatic counseling, and access to professional consultants and negotiators with the skills and resources to facilitate a crisis toward resolution. A policy can also be written to provide training on ways you can avoid situations that place you and your family in danger.
Whether you are traveling for business, on a family vacation, or setting up residency overseas, it is important to have protection designed to respond to crisis events that can occur in the various “hot spots” and major city centers worldwide.
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