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Ransom Insurance

Kidnapping is rare, but if you ever find yourself in a threatening kidnapping situation, the right assistance is invaluable. Kidnapping insurance can help protect you.

In many cases where a ransom is demanded, the only choice you'll have is to take out an enormous loan from a lending institution. Actual paid ransoms tend to be anywhere from several hundred thousand dollars to several million, well beyond the ability of most families to pay out of their own pockets.

Ransom Insurance Features

If someone covered by a ransom insurance policy is successfully released after a ransom is paid, this policy will reimburse you for expenses up to the plan limits. Note that this policy will not provide the initial funds to pay a ransom, although showing a lender that you have this form of insurance can help convince the lender to provide you with the money you need to pay the ransom. Ransoms are usually a substantial amount of money, and the easier getting the money is, the greater the likelihood the hostage will be returned safely.

Most ransom insurance policies are designed for individuals who frequently travel to dangerous parts of the world, not for short vacations or business trips. If you're not sure whether or not you qualify—or you just want to be absolutely sure your family is protected—talk to a Thomas Insurance and Financial Services, Inc. agent about your options. You may also want to ask about what ransom demands in each region are normally like—this can help you determine how much insurance is appropriate for your situation.

Our Locations

Barrington Office

117 South Cook Street
Barrington, IL 60010
Main office: 224-220-9949

Chicago Office

3413 North Paulina Street
Chicago, IL 60657
Main office: 224-220-9949

Our Providers

We have had our insurance with the Thomas Insurance Agency for several years and they have been great to work with! Tom Zagorski has consistently provided excellent coverage with top rated insurance companies at a affordable price. We highly recommend Tom and his agency for their insurance industry knowledge and prompt, reliable service!
Ingrid Frankian