Kidnap and Ransom Insurance

Kidnap and Ransom Insurance

Kidnap and Ransom insurance, also called K&R insurance, designed to reimburse you the loss suffered to you for the ransom money you paid in the event of kidnap. It does not pay the ransom directly to the kidnapper. In order to file for reimbursement, you actually must have the assets to pay the kidnapper first. Therefore, you can't purchase the Kidnap and Ransom insurance for an amount higher than your actual assets value. Also, you or your corporation must have the assets for at least $250,000, depending on who is purchasing the insurance to be eligible.

Even though Kidnap and Ransom insurance can be purchased for almost anywhere, it is the most useful where a kidnapping event is more likely to occur, such as: Mexico, Colombia, Nigeria, Haiti, some parts of Russia, Eastern Europe and Latin America.

Kidnap and Ransom insurance is underwritten by Lloyd's, that is rated A "Excellent" by A.M. Best.

Kidnap and Ransom insurance also provides the coverage for extortion, detention and hijacking. K&R insurance can be purchased by individuals, corporations, missionary groups, financial institutions as well as educational institutions.

In addition to providing the reimbursement of the ransom payment, the insurance also provides coverage for personal accidental, loss of ransom during delivery, private negotiator, public relations, travel expenses, psychiatric expenses, reward payments, financial losses in terms of: loss of income, rehabilitation benefit, funeral expenses, child care etc.

Please read the brochure for further details. If you have any further questions, please feel free to contact us at any time.

Plan Details

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Prices are regulated by law.

You cannot find a lower price anywhere for the same product.

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Why buy insurance from Insubuy?

Same Price. Better Service.®

There are many advantages in purchasing from Insubuy and no disadvantages.

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Visiting USA?

Healthcare costs are very high in the U.S.

Buy U.S. based visitors insurance and enjoy your trip.

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Traveling abroad?

Did you know that your insurance may not cover you abroad or that it may only provide limited coverage?

Purchase travel medical insurance that includes emergency medical evacuation.

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New immigrant to USA?

You are not eligible to enroll in Medicare for the first 5 years.

Purchase new immigrant medical insurance to bridge the gap.

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Going on a vacation?

You could lose your non-refundable trip costs if you had to cancel your trip.

Buy a trip cancellation insurance package plan and be worry-free.

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Are you an exchange visitor to USA?

The U.S. Department of State requires all J visa holders to purchase compliant insurance.

Buy J visa medical insurance to meet your requirements.

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Traveling to Europe?

Schengen countries require most non-US citizens to purchase Schengen visa insurance.

Make an instant purchase online and get instant visa letter.

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Traveling frequently throughout the year?

You don't need to purchase travel insurance for every trip.

Purchase annual multi trip travel insurance for your travels.

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International student in the U.S.?

Most schools require international students to purchase health insurance.

Purchase international student health insurance that meets most school requirements.

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