Get coverage that provide financial and crisis support
It’s not something we want to think about, but, in the wise words of Forrest Gump, it happens. Kidnapping and ransom insurance is a specialized insurance solutions designed to address the unique complications that organizations face when operating in high risk areas.
It typically provide financial and crisis support for situations like kidnapping, extortion, detention, threat, hijack or disappearance and ransom payments.
One risk, which is easily overlooked, is the chance that you or a staff member could be kidnapped. It is estimated that over the past six years, kidnappings around the world have increased by 100%.
Ransom demands can be overwhelming with more than 14 countries recording cases of $25,000,000 or more in recent years. While kidnappers usually settle for between 10 and 20 percent of the demand, in certain territories they refuse to negotiate and use excessive violence to achieve their aims.
Most kidnappings are carried out in order to obtain a ransom, and in most cases, a ransom is paid. Rescues are rare, largely because the authorities in most countries recognize that the safety of the victim is paramount. Kidnappings can occur anywhere.
The Kidnap & Ransom coverage offers confidential protection should the need arise. This insurance will provide assistance to the family and employer, including independent investigations, negotiations, arrangement and delivery of funds, and numerous other services vital to a safe, speedy and satisfactory resolution.
Our Kidnap and Ransom Policy Covers:
Office address:
Abuja:- No 29 Aswan Street Wuse Zone 3 Abuja.
Phort Harcourt:- No 9 Woluchor Rumukalagbo Waterlines, Port Harcourt Rivers State. Nigeria
Call for help:
+234-907-673-7882
