Kidnap, Ransom & Extortion Insurance
Chubb Specialty Insurance

As your company expands globally, so do your exposures. Companies with overseas operations and executives or staff who travel internationally may be targets for kidnappers and extortionists.

While no one can predict where or when a kidnapper or extortionist might strike, there are steps that you can take to protect your executives and families and prepare for a possible threat. The Chubb Insurance Kidnap Ransom and Extortion policy should be an integral part of your risk management program.

The Kidnap Ransom & Extortion policy will provide coverage for the following:

• Ransom and extortion payments as a result of a kidnapping or extortion threat.
• Loss of the ransom or extortion payment whilst being delivered.
• Expense coverage as a result of a ransom or extortion demand which includes fees and expenses of independent negotiators, and travel and accommodation expenses.
• Legal liability coverage protection in the event it is alleged the insured was negligent in a hostage retrieval.
• Political threat coverage for expenses when a person is wrongfully detained by anyone acting for a government or with the government's approval.

Download KRE Policy Wording

Download KRE Proposal Form

Download KRE Claims Scenario