Imagine the overwhelming feeling of freedom and sheer joy that would be felt upon the release of a Kidnap victim. Now imagine the terror upon the realization that you are without kidnapping insurance.
Your company or your family had to pay the large ransom, purchase specialized phone equipment, hire security protection, hire a negotiator, and pay many more expenses, all of which were only made possible by liquidating ALL assets. In addition to this overwhelming amount of debt, in order to rejoin society the Kidnap victim may need extensive psychiatric counseling and rehabilitation.
Kidnap and Ransom Insurance has been developed to reimburse the policy owner for the expenses incurred with a Kidnapping. A policy owner will apply for coverage to protect themselves against a loss caused by a Kidnapping or an Extortion.
The policy owner may apply for benefits up to their personal or corporate net worth. If a claim occurs the policy owner will need to front the money to the Kidnappers and then submit a claim to be reimbursed for the expenses.
One of the most beneficial parts of the plan is the unlimited expenses for the Crisis Response Team. The Crisis Response Team has worldwide knowledge about how negotiations should be handled in each specific location. They will provide advice based on their negotiating experience, such as: • Should the police be contacted/are the police trustworthy. • How to make the Kidnapper provide Proof of Life. • Where to set up a meeting. • How to strategically talk with the Kidnappers. • How to deliver the ransom.