KIDNAP AND RANSOM

With the changes in South African crime statistics it is becoming more and more apparent that the number of kidnapping is increasing dramatically.  It is no longer the celebrity or major diplomat that is at risk, but every day individuals.  It would appear from statistics that kidnappings are happening on a very localised and  frequent basis with ransoms no longer in the millions of Rands, but now in the thousands, which is seen to be more easily available by the potential victims family or company.

Major kidnappings are still occurring costing the victims families millions of Rands.  Companies are increasingly at risk when placing their employees and their families in various situations worldwide.  As this is a very sensitive insurance product all efforts are made to ensure the anonymity of the insured

Policy Period

The policy will be sold on an annual basis.

Limits of Indemnity and Premium

Limits of indemnity are available from R150 000 in the aggregate to any requested limits.

All proposals are sent to the underwriters for individual rating, whether they be individuals or companies.  Companies are able to design a custom made policy designed to suite their specific needs.

Extensions

 A personal accident extension is available to compensate the insured should he be insured as a result of his kidnapping.

Individuals are able to protect their nuclear family who are living with him (wife, children under 18)

Repatriation is available to company’s employees families should the employee be kidnapped while stationed abroad as well as travelling expenses should the family wish to go the country where their loved one is being held.