Kidnap & Ransom

The fixed-premium kidnap & ransom policy includes cover for:

  • ransom payments and any associated expenses
  • loss of ransom in transit
  • crew liabilities arising from acts of piracy and kidnap
  • cost of independent crisis management consultants
  • loss of hire

Ransom payments and associated expenses cover will normally be limited to $10m per insured event and $2.5m for loss of hire, though higher limits can be arranged.

Contact our War Risks team at war.class@standardclub.com

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