Products Announcement

Seven Corners Debuts Captum Kidnap & Ransom and Crisis Management Person Security Travel Insurance Packages

May 04, 2016

INDIANAPOLIS (May 4, 2016) Putting personal security first for global travelers, international travel insurance and specialty benefit management company Seven Corners, Inc. is now providing two new safety-focused insurance products available for purchase online with guaranteed issue. Both Captum Kidnap and Ransom and Crisis Management offer robust personal security benefits to international travelers journeying outside of their home country and are customized specifically to each traveler.

“Safety is often identified as the number one priority for international travelers, and one in eight U.S. adults’ travel will be impacted by unforeseen and dangerous world events,” said Jim Krampen, co-founder and chief revenue officer of Seven Corners. “Seven Corners recognizes the need for an added layer of travel protection and is proud to offer two new personal security products with guaranteed issuance.”

As the first and only guaranteed issue product of its kind sold online, Captum Kidnap and Ransom removes the lengthy application and review process that is typical of competing insurance products. Ideal for safety-minded travelers, Captum Kidnap and Ransom provides financial and crisis support for insured events or security situations – such as kidnap, extortion, detention, threat, hijack or disappearance – that could arise when traveling abroad. Personal security benefits include:

  • Ransom payment of up to $1 million at the time of surrender to meet a kidnap, extortion or hijack demand, even if the ransom is stolen or confiscated in the process;
  • Access to a 24/7, multilingual Security Exchange response team equipped to handle all communication and crisis response related to the insured event;
  • Protection against any additional expenses related to threats to personal safety or disappearance for more than 48 hours; and
  • Coverage for the cost of any obstacle faced in extreme situations such as negotiation, medical or psychiatric care, 100 percent of gross salary while kidnapped, detained or hijacked, and even rest and rehabilitation costs after the insured event occurs.
As another personal security option, travelers can purchase Crisis Management, which offers coverage of up to $300,000 for immediate personal crisis response and management services in case of crisis events including natural disaster, acts of terrorism, political unrest, disappearance or wrongful detention while traveling outside your home country. Benefits include a personal security exchange crisis response consultant, emergency evacuation costs, relocation travel and accommodation and additional covered expenses and resources.

Both Captum Kidnap and Ransom and Crisis Management plans are priced according to length of trip and destination country. To request a customized quote or for detailed information on terms and conditions, please visit SevenCorners.com/products/Captum-Kidnap-and-Ransom or SevenCorners.com/products/Crisis-Management-Services. Seven Corners is a member of the U.S. Travel Insurance Association (UStiA) and is an A+ rated Better Business Bureau accredited company.

 

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