Kidnap for Ransom & Hijack Insurance – Terms for 2025
The Swedish Club Kidnap for Ransom & Hijack Insurance protects our members against financial loss that arises in connection with crew and/or a vessel being seized or detained for ransom. The product, which is an annual cover, includes protection against various costs and access to experts that will assist in resolving the incident successfully.
Update
As per 1 January 2025, Cabo Delgado will no longer be an AP area.
Terms for Kidnap for Ransom & Hijack Insurance 2025
Breach Areas:
- Breach Area A – Indian Ocean / Gulf of Aden
- Breach Area B – Gulf of Guinea
Available Limits:
- USD 5 million
- USD 7.5 million
- USD 10 million
Available Discounts
- Armed Guards
Available Options:
- K&R Loss of Hire