Kidnap & Ransom Protects Your Employees In High-Risk Areas

In the event of kidnapping, extortion, or illegal detention, kidnap and ransom insurance (K&R insurance) can be invaluable in minimizing the financial impact on your company. Many K&R policies also include expert crisis management counsel and kidnapping prevention training.

Kidnapping and extortion sound far-fetched? One would hope. However, tens of thousands of these kinds of incidents occur each year, and their frequency is reportedly on the rise. Safety during international travel is usually of special concern to policyholders. Policies have listed locations like Mexico, Haiti, Nigeria, Venezuela, Afghanistan, and Iraq as especially high risk. However, business owners and employees may also be at risk while traveling domestically or even while at home. High profile families, non-government organizations (NGOs), and multinational organizations often take out this K&R insurance so that they’re prepared for these potential crises.

What Does Kidnap And Ransom Insurance Cover?

Kidnap and ransom insurance can cover:

  • Ransom monies paid or lost in the event of kidnapping
  • Fees paid to negotiators, investigators, and attorneys
  • Transit and delivery costs lost because of ransom monies delivered in the event of a kidnapping or extortion
  • Accidental death or dismemberment occurring during a kidnapping
  • Judgments and legal liability resulting from a claim or suit brought by any insured person against the insured
  • PR and crisis management counsel
  • Medical care, wage and salary replacement, relocation and job retraining, and other kidnapping-related expenses
  • Security guard costs
  • Forensic analyst costs

Have questions about K&R insurance? The experts at Elite Insurance Solution can walk you through all of the insurance options and help you decide what your needs are. From health and auto, to workers compensation, directors & officers insurance, errors & omissions insurance, marine insurance, foreign liability insurance, and retirement plans, Elite has you covered. For more information, visit our Locations & Contact page and find the Tennessee location and agent nearest you.


If your company has any kind of maritime presence, overseas or within the United States, you need the protection provided by reliable marine insurance coverage. At Elite, we can provide all your business insurance needs.

Request A Quote

Follow Us


Since 2010 Elite Insurance Solutions has handled our property and casualty insurance as well as our worker’s compensation insurance. Unfortunately, we have had a couple of major claims since they have handled our account. One of these claims was a worker’s compensation claim and the other was a major theft claim.

Not only has Elite handled these claims professionally and efficiently, but they have communicated with us through the process. They took the time to learn the history of our company to know that these were unusual claims. Consequently, they have worked hard to keep our rates to very modest increases.

I highly recommend Randy Hulett and Elite Insurance Solutions to anyone and will continue to do so.

~ Matthew T. Coyle