Kidnap & Ransom Coverage
The risk of kidnapping is real and growing
The risk of kidnap in the United States is underestimated by many corporate executives, but the risk is even more significant outside U.S. borders. The end of the Cold War put hundreds of thousand of well trained soldiers out of work and many of them have found new employment in the ransom business. Kidnapping in Mexico City is rampant. For worldwide statistics furnished by ControlRisk, one of the leading crisis response teams, click here.
While the payment of ransom by K&R policies may be the most obvious benefit, the services provided by the insurance company’s dedicated crisis intervention team are far more important to the ultimate safety of your employees traveling abroad.
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