Auto Insurance Houston
English Insurance Carriers

Kidnap & Ransom Insurance 

“Border Tensions- Executive Liability in an Age of Political Unrest”
“Effectiveness of Local [foreign country] Law Enforcement in Question”
“Express Kidnappings Pressure Insurance Rates”
“Special Forces Deployed to Rescue Hostages”

Headlines describing the increased danger of kidnapping, extortion, hijacking and unlawful detention around the world are becoming more and more common. There are an estimated 30,000 annual incidents that have led to a significant increase in Kidnap & Ransom Insurance policy claims. This type of insurance has been available from Petersen International Underwriters for over 25 years, and with the rise of K&R hazards in recent years, particularly in some places known as vacationing hotspots, the demand for this important coverage appears to be sought out more frequently, and rightfully so.

“Express Kidnappings” are becoming an extremely popular crime. Similar to a mugging, an express kidnapper will force a victim to ATMs or perhaps to the victim’s hotel room to steal their money and valuables. Reports say that these crimes are becoming increasingly brutal, and can have a deeper effect on the victim than just the loss of cash and possessions. Though traditional kidnappings with ransom demands made upon a third party are still a risk, Express Kidnappings have become a serious threat, and coverage for this type of crime is possible in certain cases using our Kidnap & Ransom Insurance plan.

Though corporate and personal security have improved dramatically, extortion crimes have seemingly adapted and are making news. Whether to attain corporate secrets, make political statements or for monetary gain, instances of extortion plots continue to rise, including cyber-threats from hackers. Kidnap & Ransom Insurance is a logical step toward mitigating these risks, and our plan may cover such perils.

The Petersen International Underwriters’ Kidnap & Ransom Plan can be placed with individuals and groups, such as corporations, missionaries, students, financial institutions and others to indemnify losses resulting from kidnapping, extortion, hijacking and unlawful detention. Benefits can be designed to equal personal or corporate net worth. One of the most beneficial aspects of the plan is the acquisition and unlimited funding of the Crisis Response Team. This team is exclusively retained by certain underwriters at Lloyd’s, and has worldwide knowledge and experience with experts strategically stationed within 4 hours of anywhere in the world.

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
 Footer
  Personal Insurance
Auto Insurance Houston
Home Insurance Houston
Condo Insurance Houston
Renters Insurance Houston
Motorcycle Insurance
Boat Insurance Houston
Flood Insurance Houston
Health Insurance
Life Insurance
Texas SR-22 Insurance
Texas RV Insurance
Texas Umbrella Insurance
Commercial Insurance
Commercial Auto Insurance
General Liability Insurance
Commercial Property Insurance
Tenant Liability Insurance
Landlord Risk Insurance
Texas Workers Compensation Insurance
Texas Garage Liability Insurance
Texas Auto Dealer Insurance

Surety & Fidelity Bonds
Auto Dealer Bond
Auto Title Bond
Dishonesty Bond
Tax Bond
TABC Liquor Bond
License & Permit Bond 
Links
HAR.com
HCAD.org
Bankrate.com
DMV.org
Texas.gov 
 

© 2010 ABC Insurance Services Inc, All rights reserved.
8811 Westheimer Ste 211, Houston, Texas 77063 | (Phone) 800-374-9227 | (Fax) 713-785-2711

Free Houston Texas Insurance Quotes
 Privacy Policy