Piracy remains a significant threat to owners whose ships transit high risk areas, especially in the Gulf of Guinea. In response to this threat, The Standard Club offers kidnap and ransom cover to provide assistance and peace of mind when most required.
Our kidnap and ransom policy includes cover for:
– Ransom payments and any associated expenses;
– Loss of ransom in transit;
– Crew liabilities arising from acts of piracy;
– The costs of independent crisis management consultants;
– Loss of hire.
More information is available via the document on the right or by speaking with your usual club contact.