Your guide to the global insurance industry.
 

 

Glossary: K

K&R INSURANCE:

K&R insurance stands for kidnap and ransom insurance. K&R insurance can be arranged by Bellwood Prestbury for companies or individuals for specific trips, specified time frames or particular regions. K&R insurance is always tailor-made for the individual(s) concerned.

KEYMAN INSURANCE:

Also known as keyperson insurance. Cover designed to protect or compensate a business in the event of the death or incapacity of an important employee regarded as crucial to that organisation.

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