Skip to content Skip to main menu
I'd like to…

Extortion

Australia has one of the highest occurrences of extortion in the world. Extortion can affect all companies from large blue chip organisations to SMEs.

Extortion insurance can give your company protection from the direct costs and resultant damages of extortion that can run into millions of dollars.

Common extortion culprits may include disgruntled employees, bitter competitors, opportunistic criminals or computer hackers.

As a company, you have a number of legal obligations including your duty of care. Receipt of an extortion demand and failure to have adequate risk protection measures in place may see a breach in your Duty of Care, leaving you open to serious legal action.

Extortion insurance can give you the stability needed to build a bright future for your company. We strive to empower you with the confidence to succeed.

To find out more about Extortion Insurance and the implications for your business, please contact us on 1300 424 627.

Please Note: These are some of the more common insurance policy features, however, the list is not exhaustive and some features may not be offered by certain insurers. Please refer to the insurer-specific policy wording for inclusions, exclusions, terms and conditions. 

Covered Features

  • Extortion  Payment

    Payment

    Cover for the extortion payment.

  • Extortion  Replacement of Extortion Monies

    Replacement of Extortion Monies

    Cover for the replacement of lost, damaged, destroyed, confiscated, wrongfully abstracted, or vanishing extortion monies in transit prior to handover.

  • Extortion  Incident Expenses

    Incident Expenses

    Cover for legal, medical and psychiatric expenses resulting directly from the incident.

  • Extortion  Negotiator Expenses

    Negotiator Expenses

    Cover for the fees and expenses of negotiators where required.

  • Extortion  Crisis Consultant

    Crisis Consultant

    Cover includes the appointment of a Crisis Consultant who works with the insured to resolve the extortion event.

  • Extortion  Hoax

    Hoax

    If the extortion attempt is a hoax, costs and expenses incurred are still covered in most instances.

General Enquiry

Please Enter Name

Please enter your phone number

Please Enter Valid Email

Type of Business Insurance Enquiry
Type of Personal Insurance Enquiry
Type of Strata Insurance Enquiry
Type of Life Insurance Enquiry
Type of Services Enquiry
I would like to receive insurance and product news

The Whitbread Channel

News
Computer
Lia de Sousa

Nobody thought we would still be working from home 18 months later when the pandemic began last year. No matter your situation at home, whether you are living alone, home-schooling children, or having to share the same workspace as your partner, we believe it's best to stick to a routine during lockdowns.

Insight
Storm clouds
Renee Cassidy

The recent flooding in NSW and QLD, plus a late season cyclone in WA, are stark reminders that wild weather events are occurring with greater frequency and increasing severity. In light of this, it is important to know what to do in a property claims emergency for both your business and your home.

Having a clear process to follow will help ensure you achieve the best possible outcome in what is a highly stressful situation, where decision making can be clouded.

×

Sign up to our newsletter

Please Enter Valid Email Address

Please Enter First Name

Please Enter Last Name