- Personal Accident Insurance – PA
This policy offers compensation to employees in events of (injury, disability, or death) occurring in a certain time and place within the business premises.
Coverage extends to permanent partial and total disablement, temporary total disablement, death resulting from a serious accident.
- Kidnap and Ransom Insurance – K&R
As the name suggests, (K&R) covers for perils such as kidnaps,extortion, illegal detention, and hijacking.
The solutions reimburse losses incurred by the insured, but don’t pay ransom on behalf of him. Typically, the insured must pay the ransom first then seek compensation under this policy.
The policy also pays for the fees and expenses of crisis management consultants, who provide advice to the insured on how to deal with/respond to the incident.