Businesses with operations in traditionally high risk countries are no longer alone in their need for kidnap and ransom coverage. In fact, the changing nature of political and electronic threats means that businesses and travellers everywhere can now encounter problems. Our K&R policy addresses these threats clearly and concisely, can be tailored for a wide range of companies or individuals, and comes with a global 24/7 incident response hotline, ensuring fast and reliable support from your pre-selected security consultant. Features include:
24/7 ACCESS TO EXPERT RESPONSE CONSULTANTS
CFC policyholders have access to a 24/7 emergency hotline – with no limit to consultant fees incurred – and the choice of expert risk management consultancies including S-RM, red24 and EOS Risk. Between them, they have responded to hundreds of cases of kidnap, wrongful detention, and extortion.
COMPREHENSIVE LEGAL AND EXPENSE COVER
As well as providing ransom reimbursement and cover for loss in transit, our policy includes legal liabilities and additional expenses which arise during the course of an incident, such as independent negotiators, public relations consultants, medical care services and more.
Our policy provides cover for this emerging risk, including the reimbursement of ransom paid and additional expenses incurred as a result of the extortion. In addition, we provide access to cyber response consultants who can assist in the event of a cyber attack.
EXTENDED PERSONAL ACCIDENT BENEFIT
Most other kidnap and ransom policies require death or dismemberment of a kidnap victim for the personal accident section to trigger. Our policy covers a wide range of bodily injuries, ensuring victims receive appropriate support after they return.
TAILORED COVER AND ENDORSEMENTS AVAILABLE
Our policy insures against extortion, disappearance investigation costs, and costs incurred during a hostage crisis, and emergency political evacuation and repatriation is offered as standard. The policy can also be tailored for individuals on single trips or for thousands of employees travelling globally. In addition and depending on your needs, further extensions are available for business interruption, express kidnap, threat expense, child abduction, assault and stalking threat.