Kidnapping Insurance

In some areas of the world, being kidnapped and held for ransom is a possibility. While kidnapping rarely happens in the United States, it is not unheard of. In parts of the world where terrorist groups operate, however, kidnapping happens more often. If you travel around the world to dangerous areas, consider kidnapping insurance for peace of mind.

In addition to being a problem in areas where terrorists operate, kidnapping also occurs in areas where law enforcement is unreliable. A New York Times story noted a 300 percent increase in kidnapping in Mexico since 2005, as well as large increases in kidnapping in Pakistan and Venezuela.

Members of high-profile families and representatives of companies are often targets. Sometimes kidnappers target companies as well as individuals.

Features of Kidnapping Insurance Policies

Companies providing this insurance usually have a security company that offers more than just money if you are kidnapped. They will help negotiate the release of the kidnapped person and provide extra security for family members. In the event of a kidnapping, family members who are being asked to pay a ransom are also in danger and need extra security.

Insurance companies do not provide the ransom money. Typically the ransom is paid by the family and may be recovered, through a claim, from the insurance company later. Kidnapping insurance does cover any associated expenses and losses incurred and includes a life insurance policy as well. The insurance provider may also offer training on how to avoid becoming a kidnapping victim.

People who travel on business, as well as people who are from wealthy families, are the people most likely to be kidnapped and to need kidnapping insurance. Criminals feel kidnapping is an easy way to get money quickly, and it does work at times. Being insured will assure you that a security team is available to help win your release.

If you are planning to travel to a dangerous area, call our office to discuss the insurance options you have. Joe Cook & Associates Inc professionals can guide you as you consider kidnapping insurance for yourself or a family member.

Our Locations

League City Office

4440 W. Main Street, Ste B
League City, TX 77573
Main office: 281-853-8719
Fax: 800-887-7674

Kerrville Office

741 Water Street, Ste 103
Kerrville, TX 78028
Main office: 830-626-9928
Fax: 800-887-7674

Montgomery Office

15349 Summit Park Dr Ste 1021
Montgomery, TX 77356
Main office: 936-755-5347
Fax: 800-887-7674

Pearland Office

7902 Broadway St Ste 106
Pearland, TX 77581
Main office: 281-746-6725
Fax: 800-887-7674

Our Providers