A kidnap & ransom policy would be specifically tailored for each client, but could include financial protection against incidents of:
- Kidnap
- Extortion
- Hijack
- Political detention
- Personal accident following the above perils
The following extended coverage is also available:
- Product loss extension providing recall, examination and destruction costs connected with product extortion
- Loss of earnings securing business interruption protection
- Computer virus business interruption as a result of an extortion threat to introduce a virus
- Emergency political repatriation and relocation for expatriate employees
- Threat response extension to assess threats to individuals or property which could develop into an extortion
Key benefits of SCR kidnap & ransom coverage:
- Global and comprehensive coverage for all directors, officers and employees, including their families and guests and customers of the assured
- Providing unlimited fees and expenses of an expert crisis response advisor to assist for the duration of an incident
- Optional annual and 36 month policies for consideration
- Integrated security consulting services to be provided by SCR at no additional cost to the client
- Monthly bulletin to keep clients informed about global events
- 24 hour emergency telephone number to ensure availability of SCR at all times