Ifthe worst-case scenariohappens in a high-risk country, kidnap and ransom (K&R) insurance kicks in for the policyholder, with added peace of mind.
Protection & Security with K&R Insurance
Does your business operate in potentially hostile international destinations, where kidnap and ransom are a legitimate threat? Typically, kidnap and ransom insurance is a stand-alone policy for employees who travel to international destinations with high-risk situations. Speak with a Rhodes & Williams broker to get the right coverage for your protection against situations involving kidnap, ransom, and extortion.
What is K&R Insurance?
Kidnap and ransom insurance is protection if you travel or work in high-risk areas where K&R is a risk. Originally focused on protection for high-income earners, kidnap and ransom insurance is now offered to middle income earners and young adults for business and personal travel.
What is Covered Under a K&R Insurance Policy?
A kidnap and ransom policy may include the options below:
Ransom payment coverage
Crisis negotiator access
Medical and Psychiatric care
Legal Liability Coverage
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Ensure safety and security with a detailed kidnap and ransom insurance policy in Canada. A free online quote is available today from one of our expert brokers.
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The price of a K&R insurance policy varies dependingon the situation ofthe policyholder. An experienced broker in the area of K&R will assist you with details of each component of your insurance plan, along with the costs.
Anyone can invest in a Rhodes& Williams’ kidnap and ransom insurance policy. Commonly, these types of policies are not top-of-mind, even when travelling in high-risk countries. Employers who send their employees abroad, or domestically, may want to consider a K&R policy due to instability in certain countries. Employers should consider adding an employee’s family, volunteers, and short-term, part-time and full-time staff to the policy. Ask a Rhodes & Williams broker for advice.
Expenses for several items in a K&R policy includeaccident & dismemberment, product recall, business interruption, and more. Consult one of our expert K&R insurance brokers for a rundown of what is included in a policy package.
Yes. Often, cyber-attacks are an add-on to a standard K&R insurance policy. Cyber extortion is a typical add on.
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We offer competitive rates and impeccable service.