Kidnap, Ransom & Extortion Policy Feature Checklist
What to confirm in a kidnap, ransom & extortion policy — what's standard, what's often limited, and what to add if needed — plus the gap most often missed.
Pull out your current K&R policy and check the box next to each feature you can confirm it includes — anything unchecked is worth a quick conversation with your advisor.
Tick each feature you can confirm your policy includes — anything left unticked is a good question for your next policy review.
| Confirm? | Policy feature | What to confirm | Priority |
|---|---|---|---|
| Crisis Response Consultants (Unlimited) | Provides expert negotiators and response teams — often the most valuable part of the policy. | Standard | |
| Ransom Reimbursement | Repays ransom paid — confirm the limit and whether it applies per event or in total. | Standard | |
| Extortion (Property, Product & Cyber) | Covers threats to harm people, property, products, or systems. | Often limited | |
| Virtual & Express Kidnapping | Confirm fake-kidnap scams and short 'express' abductions are covered. | Often limited | |
| Wrongful Detention | Covers costs when an employee is held by a government or group without cause. | If needed | |
| In-Transit Loss | Covers ransom lost or stolen while being delivered. | Often limited | |
| Family Members & Guests | Confirm employees' families and visitors are covered. | If needed |
The gap most often missed in this coverage
The most commonly missed gap in this coverage is response, not reimbursement. The crisis consultants who manage an event are often worth more than the ransom coverage itself — and newer threats like virtual kidnappings (fake ransom calls) may fall outside older forms. Organizations should confirm consultant access, coverage for virtual and cyber extortion, and keep the policy's existence confidential.
Send us the checklist and we'll review your kidnap, ransom & extortion coverage line by line, then market it across multiple carriers that compete for your account.
Related: Kidnap, Ransom, and Extortion Insurance · Kidnap, Ransom & Extortion Supplemental (apply) · All coverage checklists
Frequently asked questions
What should a kidnap, ransom & extortion policy include?
Standard features to confirm in a kidnap, ransom & extortion policy include Crisis Response Consultants (Unlimited), Ransom Reimbursement. This checklist also flags the features that are often limited or sublimited and the ones to add if needed, with a plain-English note on each.
Is this checklist insurance advice?
No. It is a free educational tool to help you have a more informed conversation with a licensed professional. It affords no coverage and is not insurance, legal, or financial advice — only your actual policy language governs what is and isn't covered.
Can Cory Washington & Co. review my kidnap, ransom & extortion coverage?
Yes. Share your checklist and we'll review your program line by line, market your account across multiple carriers, and explain the trade-offs in plain English. Cory Washington & Co. LLC is licensed in all 50 states.
This checklist is a free educational tool from Cory Washington & Co. to help you review your own coverage and have a more informed conversation with a licensed insurance professional. It is general information only — not insurance, legal, or financial advice, and not a recommendation to buy, change, or cancel any policy. Coverage terms, availability, limits, and requirements vary by policy, carrier, and state, and only the language in your actual policy governs what is and isn’t covered. Checking or leaving blank any item above does not indicate that you are adequately insured or under-insured. Using this checklist does not create a client, agency, or fiduciary relationship. Always consult a licensed professional about your specific situation.