Kidnap & Ransom

The threats of kidnapping and extortion has dramatically increased in the U.S. and other parts of the world. Incidents have occurred with alarming frequency throughout the world and are not confined to the usual hotspots. Companies with employees traveling or based overseas are especially at risk, including the companies whose employees are also traveling in difficult parts within the country as are families vacationing or residing in areas where such crimes are prevalent. In today's world, it seems that anyone can fall victim to these emotionally and financially devastating events.

Imagine the overwhelming feeling of relief and sheer joy that you would feel upon the release of a kidnapping victim. Now imagine the subsequent stress that would follow the realization that you are not insured in case of a kidnapping or ransom request. Your company or family had to liquidate ALL assets to pay the large ransom, purchase specialized phone equipment, pay for travel expenses, hire security protection, hire a negotiator and pay many more unforeseen costs. In addition, the kidnapping victim may need extensive psychiatric counselling and rehabilitation. This financial trouble could be avoided with 'Kidnap and Ransom' insurance coverage.

A Kidnap and Ransom Insurance policy owner can apply for coverage to protect against a financial loss caused by a kidnapping or extortion coverage and can decide the coverage limit considering the business operations of the company. UNISON team will assist you to understand what add-on covers are available in the Domestic or International markets and will also assist you to analyse exposure and decide about coverage limit in full confidence.