What does Kidnap and Ransom Insurance Protect Me From? Captum Kidnap and Ransom insurance provides complete support in case of risky scenarios that are possible when you travel outside your home country. This coverage covers you in the event of kidnapping, hijacking, disappearance, wrongful detention and more. Should you fall victim to any of these events, Captum's complete team of negotiators, translators, communication specialists, and in-country experts will be there to walk your loved ones through the overwhelming process of bringing you safely back home. If you worry about the consequences of traveling to dangerous destinations, Captum provides peace of mind and the resources to handle whatever may come.
What are considered covered events? Insured events under kidnap and ransom insurance include kidnapping, extortion, detention, hostage, threat, hijack, disappearance, or a series of similar connected events.
What will my family have to do if I am kidnapped? Leave your kidnapping insurance details with your family with instructions to notify Captum of any event, if we do not know already. Have them prepare any and all information that they have about you, including the last time they had contact, any known travel plans, passport info, social network details, a recent photo, and anything else that could help the process. Our experts will handle the ransoming process, including legal fees, security exchange fees, transportation, and insurance on the money as it is being transported. Your family should also know to contact their local embassy to make sure that your home country is aware of the situation.
Can I buy this insurance for domestic travel? No, purchased kidnapping insurance will only be able to cover you while you're traveling outside of your home country, for a period of up to 180 days. Once you return to your home country, your coverage period will automatically end.
What happens if an American citizen is taken hostage abroad? While the U.S. State Department will do its best to advocate for its citizens, there is only so much that they can do, especially when it comes to certain countries. Your best bet when it comes to the possibility of being kidnapped while abroad, is to have a private company who will protect your individual interests first and foremost.
Where will I most need kidnap and ransom insurance? If you are traveling to countries like Mexico, India, Nigeria, or the Middle East, areas of the world with the highest rates of kidnapping, then K&R insurance is one of the best moves to defend your personal safety and financial security.
How likely am I to be kidnapped while abroad? Thousands of people are kidnapped for ransom each year, and many more instances are believed to go unreported. While this mostly depends on where you travel, anyone can be a victim of kidnapping, not just high-profile businesspeople. In fact, tourists and unskilled foreign citizens are kidnapped far more frequently than people who are clearly traveling on business.
