Kidnap, Ransom & Extortion Insurance

also referred to as

Kidnap and Ransom Insurance or ‘K & R’

What you need to know

What is Kidnap and Ransom Insurance?
In the event of a kidnapping event, Kidnap and Ransom Insurance covers named employees for individual aggregate amounts, with deductibles requiring the insured to participate in about 10 percent of any loss.

A basic Kidnap and Ransom Insurance policy covers ransom payments, loss of income, interest on bank loans, and medical/psychiatric care. Instant and indefinite access to crisis management team consultants is also covered, in addition to employee training for what to do in a hostage or ransom situation due to kidnap to reduce losses.

Who needs Kidnap and Ransom Insurance?
Key corporate executive kidnapping for ransom money is on the rise. If your company is a global enterprise with local employees or has expatriate employees travelling or residing in politically sensitive or dangerous parts of the world, you need Kidnap and Ransom Insurance as a part of your crisis management plan.

This type of protection is often overlooked by companies on the premise that “it could never happen to us,” but the damage can be detrimental.

The Winley Insurance Group solution
If you’re looking for Kidnap and Ransom Insurance or you just want to learn more, Winley Insurance Group can help with kidnap, ransom and extortion risk management. We make privacy our highest priority and manage a firm code of conduct in non-disclosure of any client details.

Contact us for additional information or a Kidnap and Ransom Insurance quote
Our team works to help you secure quality Kidnap and Ransom Insurance cover at affordable pricing. Contact us at 1300 732 205 or begin our Kidnap, Ransom & Extortion Insurance quote process now. Winley Insurance Brokers service all of Australia.