Kidnap/Ransom and
Extortion Insurance Policy

Kidnap/Ransom Coverage

Kidnap/Ransom Coverage responds whether a person is actually abducted or someone paid a ransom, thinking a person had been taken.

Extortion Coverage

HDFC ERGO automatically includes protection for threats to:

• Damage to any premises or tangible property located on the insured’s premises.
• Contaminate raw materials or products of the client.
• Disseminate, divulge, or utilize proprietary information of the insured.
• Introduce a computer virus against an insured.

Delivery Coverage

Insures money or other conveyed property used to pay a ransom or extortion demand.

Additional Expenses

We extend coverage for additional expenses and legal costs accrued to gain the release of a hostage. Those expenses may include fees of independent negotiators, interest costs on loans taken for extortion or ransom payment, salary continuation, consequential personal financial loss, and reasonable medical expenses.

Legal Liability Coverage

Protection in the event it is alleged the insured was negligent in a hostage retrieval.

Political Threat Coverage

Coverage for expenses incurred when a person is wrongfully detained by anyone acting for a government or with the government’s approval.

Optional Threat Response Expense Coverage

Payment for expenses incurred when the insured utilizes the additional services to investigate extortion threats when no monetary ransom demand has been made.