Kidnap and Ransom Insurance

Kidnap and Ransom (K&R) Insurance is a specialized policy that provides financial protection to individuals or organizations against risks of kidnapping, extortion, and ransom demands. It covers expenses related to negotiating with kidnappers, paying ransom demands, and managing related legal or medical issues. The insurance also offers support services such as crisis management, risk assessment, and crisis communication. Designed primarily for businesses operating in high-risk areas, K&R insurance helps mitigate the financial and operational impact of kidnapping incidents, ensuring that resources and expert assistance are available to respond effectively and recover swiftly.