Kidnap & Ransom
Kidnap and Ransom (K&R) and Extortion insurance provides maximum financial and security protection. With an increasingly global workforce, companies face many dangers including kidnap and extortionists making violent demands for money.
Coverage can be provided for multinational companies, private firms sending employees overseas on business, financial institutions, non-profit organisations and educational institutions.
LMIS can provide coverage including:
Kidnapping for ransom
Threats to kidnap, injure, or kill for ransom
Wrongful detention/holding under duress without a ransom demand
Extortion to divulge confidential or private information
Hijacking of an aircraft, motor vehicle, or waterborne
