Kidnap & Ransom
Globally, Kidnap and extortion are a growing threat. Companies having Employees based or travelling overseas, organisations handling large amount of cash, employees having sensitive information etc are most vulnerable to such threats. It seems that today anyone can be a victim of such threats.
Such threats disturbs the entire functioning of the individual as well as the organisation and can create a stress which may lead to liquidation of the assets to pay the ransom, pay for travel expense, provide security protection to family and organisation, hire international negotiators and may have to incur huge unforeseen cost.
A Kidnap and Ransom Insurance policy can protect the owner against a financial loss caused by a kidnapping or extortion. Dossa can guide the insured in getting the proper coverage and decide the coverage limit considering the business operation of the company. Kidnap & Ransom Policy includes the cover for Kidnap, extortion, Wrongful Detention and Hijack. Even the consultant cost, fees of independent negotiators is paid by the insurance company.