What is generally expected of a company regarding kidnap and ransom insurance for international assignees?

A company is generally expected to consider the specific risks associated with the locations where its international assignees will be working. Kidnap and ransom insurance is not a blanket requirement for all employees or even specifically for expatriates; rather, it is typically viewed as optional depending on the assessment of risk in the areas where the employees are stationed.

In high-risk regions where the likelihood of kidnapping may be increased, companies often choose to provide this coverage to protect their employees. This approach aligns with a broader risk management strategy, ensuring that employees are safeguarded against potential threats that can arise in such volatile environments. The decision to offer this insurance reflects a company's commitment to the safety and well-being of its international workforce, particularly when they are placed in locations known for such risks. Therefore, identifying kidnap and ransom insurance as optional for high-risk areas recognizes the varying levels of danger in different locations and allows companies to act accordingly while balancing costs and employee safety needs.