Novo Insurance - Professional Insurance Services

Kidnap & Ransom (K&R) Insurance

Type: Corporate Insurance | Category: Liability Insurance

Policy Details

Learn more about the Kidnap & Ransom (K&R) Insurance policy.

Kidnap & Ransom (K&R) Insurance

Description

K&R Insurance provides financial protection and crisis response support to individuals and organizations facing threats like kidnapping, extortion, or illegal detention, especially in high-risk zones.

What is This Policy?

Kidnap & Ransom Insurance protects companies and executives from financial and personal risks arising from kidnapping, extortion, or detention. It includes expert crisis response and reimbursement of ransom payments.

What is Covered

The policy reimburses ransom amounts paid (or attempted), expenses related to crisis response (negotiators, travel, legal support), medical treatment, psychological counselling, and post-incident care. It also covers loss of ransom in transit, extortion threats, workplace violence incidents, and detention in foreign jurisdictions. Response services from expert crisis management teams are a key feature and are activated discreetly in the event of an incident.

Who Should Buy

Indian companies with expat staff or overseas offices, Multinational companies with operations in conflict zones, NGOs, oil & gas, mining, infrastructure companies, High-net-worth individuals, politicians, celebrities, Family offices, CXOs, diplomatic staff

Key Features

  • Covers ransom payment, loss of ransom in transit
  • Includes crisis response services (e.g. Control Risks or GardaWorld)
  • Reimbursement for medical costs, PR, legal support, and rehabilitation
  • Family support, psychological counselling, and relocation may be included
  • Often bought anonymously or via holding companies for privacy

Get in Touch

Request a free consultation for the Kidnap & Ransom (K&R) Insurance policy.

Contact Information

123 Financial District, Hyderabad, Telangana 500032

+919100509675

info@novoinsure.com