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29 C
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Monday, July 22, 2024

Kidnap, Ransom & Extortion Insurance


Kidnap and Extortion are very real and growing threats in today’s world, which can be easily sensed by the alarming rise in numbers of Kidnap experienced worldwide.

On analyzing these incidents, worldwide it can be felt that the soft targets for these types of events are the employees / Senior officials of companies who have employees based or traveling overseas for business matters. 

Now a days the Risk Managers of  most renowned  companies opt for Kidnap , Ransom & Extortion  Insurance to tackle these  Risks – As the risk associated  have  High Severity and Low Frequency  i.e. These type of incidents are not common but once it happens it has a shrill  financial impact .

It is always advisable to have an Insurance protection against this type of Risk whenever available. Moreover, this Insurance coverage is available at an affordable price.

For any insurance solutions, please contact Beacon Insurance Broker Pvt Ltd at https://www.beacon.co.in/ 

Insurance is a subject matter of solicitation

 


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