Kidnap and extortion are very real and growing threats in today's world. While the most vulnerable companies to kidnapping are those that have employees based or traveling overseas, organizations that have high profiles, handle large amounts of cash, or work with sensitive information are also at risk. While rarely publicized, extortion against corporate assets or products is increasing rapidly in the U.S. Examples include: bodily injury extortion, property damage extortion, pollution extortion, cyber extortion and intellectual property extortion. Companies need to prepare for these threats that can originate or occur virtually anywhere in the world. 

Kidnap, Ransom and Extortion Insurance not only protects against financial loss, but also provides the services of leading crisis management and security consultants to manage incidents in conjunction with the policyholder.

Kidnap/Alleged Kidnap - A seizure or detention of an Insured Person for the purpose of demanding ransom moneys.

Extortion - Payment demands following a threat to injure or kill an Insured Person, damage property, contaminate products, divulge trade secrets or destroy electronic data by computer virus.

Wrongful Detention - Involuntary confinement by a government entity or insurgent organization resulting from arbitrary or capricious act of an agent of or with the tacit approval of said entity or organization.

Hijacking - Illegal holding under duress of an Insured Person for more than six hours while traveling on any aircraft, motor vehicle or waterborne vessel.

Customer Profile:

• Any company with employees either traveling to or based overseas, particularly Latin America, Asia, Eastern Europe and Africa 
• Cash rich or high profile companies operating domestically or in other countries.
• Manufacturers or retailers of consumer goods

Underwriting Considerations - A variety of factors will be considered when evaluating insurability and determining premium, including:

• Country of residence
• Type of industry
• Revenue of the Insured
• Travel patterns of employees

Capacity - USD $50 million

The Epic 1 Plan - Kidnap & Ransom Coverage for Individuals and Families
The Epic 2 Plan - Kidnap & Ransom and/or Detention Coverage for Corporations

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Eligibility
 Residency: Available to U.S. Residents