Marine Kidnap & Ransom (K&R) Insurance Exclusions

by F. Divecha
(London, UK)

Whilst Kidnap and Ransom (K&R) premiums are under stiff competition it should be noted that the buyer gets what they pay for. A Lloyd’s underwriter offering such cover has the following exclusion hidden away in the small print:

“This insurance shall not cover losses which would normally be insured under a standard Hull and Machinery, Protection and Indemnity, Freight Demurrage and Defence or War Risks policy whether purchased or not”

This looks like a perfect way NOT to pay a claim. As ever it is caveat emptor!

Kidnap and Ransom insurance should be part of a layered defence for owners, but protection of the vessel and its crew should always come first – companies like Maritime and Underwater Security Consultants ( have been around for many years and are always a safe bet.

This release is in response to the article on Reuters regarding Piracy premiums:

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Aug 31, 2011
by: David

Dear sir or madame,

my name is David, and I used to work in the security sector in the past. I was wondering whether you could include a link to MUSC website ( If you are interested, I could also write an article for your blog and send it to you for a review.



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