Find Your Nearest Location ☰ ˟
Logo
Find Your Nearest Location
  • Home
  • Our Agency
    • About UsImage of right arrow
      • Our Staff
      • Our Locations
    • Our Providers
  • Products
    • Automobile
    • Homeowners
    • Life
    • Health
    • Medicare
    • Recreational Vehicle
    • Insurance for Your BusinessImage of right arrow
      • Commercial Property Insurance
      • Commercial Real Estate Insurance
      • Commercial Umbrella Insurance
      • Errors and Omissions Insurance
      • Fidelity Bonds
      • Inland Marine Insurance
      • Product Liability Insurance
      • Professional Liability Coverage
      • Small Business Insurance
      • Surety Bonds
      • Workers Compensation
    • Insurance for Your EmployeesImage of right arrow
      • Group Benefits
      • Group Disability Insurance
      • Voluntary Benefits
      • Retiree Health Coverage
      • Group Health Insurance
      • Disability Insurance
      • Individual Life Insurance
    • Farm
  • Get a Quote
    • Automobile
    • Homeowners
    • Business & Commercial
    • Recreational Vehicle
    • Life & Health Insurance
    • Medicare
    • Annuities
    • Farm
  • Customer Service
    • Area Federal Credit Union
    • Dakotaland Federal Credit Union
    • Dakotaland Federal Credit Union - Brookings
    • Dakotaland Federal Credit Union - Desmet
    • Highmark Federal Credit Union
    • Northern Hills Federal Credit Union - Deadwood
    • Northern Hills Federal Credit Union - Spearfish
    • Northern Hills Federal Credit Union - Sturgis
    • Service First Federal Credit Union
    • Service First Federal Credit Union - Smithfield
    • Explorers Credit Union
    • Bluestone Federal Credit Union
    • Levo Credit Union
    • Vermillion Federal Credit Union
    • Voyage Federal Credit Union
    • DFS Central
  • Claims
  • Contact
    • Contact Us
    • Locations & Hours
Home > Commercial-Products > Coverage-For-Your-Business > Ransom Insurance - Aberdeen SD & Sioux Falls SD

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 DFS Insurance 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.

Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
safeco
Home| Get A Quote| Customer Service| Blog| About Us| Contact
2324 NE 8th Avenue, Suite 1 | Aberdeen, SD 57401
P: 605-229-5200 | Fx: 605-725-4999 | cassie@dakfs.com
Sociala drawing of a face
Logo

Powered by Insurance Website Builder