Coverage for Kidnap, Ransom & Extortion/Wrongful Detention/Political Evacuation/Hijack
This coverage is available from Moody Insurance and provides companies and their employees protection in the event that they are kidnapped, threatened, extorted, wrongfully detained or forced to leave a country by the order of a U.S. or local official. Under covered incidents, experts will provide you services to resolve the issue safely.
Coverage Highlights
- Ransom demands
- Extortion demands, including
- Product Contamination
- Trade Secrets
- Proprietary Information
- Computer Virus Extortion
- Recall Expenses
- Wage and salary replacement of affected employees
- Costs of increased security
- Lost income due to the loss of an employee
- Risk prevention services, including employee training, creation of contingency and recovery plans
- Accident and death benefits
- Personal financial loss of affected individuals
- Travel, relocation, and job retraining expenses
- Many other related expenses
This description of coverage is not an insurance contract. Your policy is the contract that specifies and fully describes your coverage. Conditions and exclusions will apply. Not all coverage described is available in all states.