SPECIALTY PERSONAL SECURITY RISK COVERAGE
Kelly Insurance Group helps high-net-worth individuals, executives, entertainers, and public figures review specialty personal security risk insurance — addressing executive protection costs, stalking and harassment response, security staff liability, kidnap and ransom coverage, and the insurance components of a comprehensive personal security program for individuals who face elevated physical threat profiles due to their public status or significant wealth.
THE INSURANCE COMPONENTS OF A COMPREHENSIVE PERSONAL SECURITY RISK PROGRAM.
Not every high-net-worth individual faces the same security risk profile. The factors that elevate personal security risk include: significant public visibility and media presence, recent publicity from a business transaction or legal matter, content or public statements that have generated hostile attention, international travel to higher-risk destinations, family members with independent public profiles, and known significant wealth. A professional threat assessment evaluates these factors and provides a baseline for security planning.
Executive protection services — professional protective agents who provide physical security — represent a significant operational cost for households that require them. Some specialty insurance products reimburse a portion of executive protection costs following a credible threat; others cover the costs of security measures implemented in response to a specific incident. Understanding what insurance covers and what is a personal security operating cost is part of security risk management planning.
The response to a stalking situation involves multiple cost categories: legal action to obtain restraining orders and pursue criminal charges, security upgrades to the residence, security personnel during the threat period, temporary relocation if the residence is no longer safe, and crisis communications if the situation becomes public. Insurance coverage for these costs varies by policy and requires specific review.
A household that employs or contracts security personnel carries employer-type liability for the actions of those personnel in the course of their security duties. A security agent who injures a third party, uses excessive force, or causes property damage creates claims against the household as the employer. Workers compensation for employed security staff and employer liability coverage all require attention in households with active security programs.
Kidnap, ransom, and extortion coverage is a specialty product relevant for high-net-worth individuals, executives, and public figures who travel internationally or who face elevated threat profiles. The coverage includes crisis response services — professional negotiators and security consultants who manage the response — alongside coverage for ransom payments and associated costs.
PERSONAL SECURITY RISK COVERAGE ELEMENTS
PRIVATE CLIENTS WHO NEED A PERSONAL SECURITY RISK COVERAGE REVIEW.
Personal security risk insurance is relevant for any high-net-worth or high-visibility individual who faces an elevated threat profile — whether from specific credible threats or from the general elevated risk that comes with significant wealth and public prominence.
- Public figures, entertainers, and athletes who have received specific threats or who face elevated threat risk due to their public profile
- Executives and business leaders involved in high-stakes transactions, litigation, or public controversies that may generate hostile attention
- Individuals who have experienced stalking, harassment, or unwanted contact that has required legal or security response
- High-net-worth households that employ private security staff and need employer liability and workers compensation coverage
- Individuals who travel regularly to international destinations with elevated personal security risk
- Any private client whose security risk profile has never been assessed as part of their overall insurance program
SELECT A SECURITY RISK SCENARIO TO SEE THE RELEVANT COVERAGE CONSIDERATIONS.
Specialty personal security risk coverage addresses threats that standard homeowners and umbrella policies do not — targeted physical threats, stalking, executive protection requirements, and security-related liability.
High-net-worth and high-visibility individuals who face credible physical threats may require executive protection services alongside insurance coverage that addresses the associated costs and liabilities. Security risk insurance is a specialty market distinct from standard personal lines.
- Threat assessment services — professional evaluation of credible physical threats
- Executive protection coverage — costs associated with protective security personnel
- Security driver and armored vehicle coverage
- Event and appearance security — coverage for security costs at public appearances
- Security liability — coverage for incidents involving protective security personnel
WHAT THE REVIEW COVERS.
SECURITY RISK INSURANCE REVIEW
Review of specialty personal security risk insurance options — covering executive protection costs, stalking and harassment response, security upgrade costs, temporary relocation, and crisis communications — as part of a comprehensive personal security risk program.
SECURITY STAFF LIABILITY AND WORKERS COMPENSATION
Review of employer liability, workers compensation, and vicarious liability for security personnel — whether employed directly or contracted through a security firm — as part of the household employer insurance program.
K&R AND THREAT RESPONSE COVERAGE
Review of kidnap, ransom, and extortion coverage in the context of the overall personal security risk program — confirming that crisis response services, ransom coverage, and associated costs are addressed for households with applicable threat profiles.
SECURITY PROGRAM AND INSURANCE COORDINATION
Coordination of the personal security risk insurance program with the household's physical security program — ensuring that the insurance addresses the financial consequences of security incidents while the security program addresses prevention and response.
FOUR PERSONAL SECURITY RISK COVERAGE GAPS HIGH-PROFILE HOUSEHOLDS CARRY.
Private security employees — and in many states, individuals who work as security contractors — may be entitled to workers compensation benefits if injured on the job. A household that employs security personnel without workers compensation coverage in place creates direct personal liability for the employer household.
The legal costs, security upgrade costs, and temporary relocation costs associated with a stalking situation can reach tens of thousands of dollars. Standard homeowners and umbrella policies do not cover these costs. Specialty security risk coverage addresses them.
A household that uses a contracted security firm's personnel may still face vicarious liability for the actions of those personnel in certain circumstances. Understanding the liability structure of the security staffing arrangement is important for insurance program design.
When a kidnapping, extortion, or serious threat incident occurs, access to professional crisis responders and negotiators makes a significant difference in outcome. K&R policies provide immediate access to these professionals as part of the coverage — without prior coverage, the household must engage these services independently at market rates during a crisis.
QUESTIONS THAT OFTEN COME UP.
What is specialty personal security risk insurance?
Specialty personal security risk insurance addresses the financial costs associated with personal security threats — executive protection costs following a credible threat, stalking and harassment response costs, security upgrade expenses, temporary relocation, and crisis communications. It is a specialty product distinct from standard homeowners and umbrella coverage.
Does homeowners insurance cover stalking response costs?
Standard homeowners insurance does not cover the costs of stalking response — legal action, restraining order costs, security upgrades, or temporary relocation. Some specialty personal security risk products address these costs.
Do I need workers compensation for a private security employee?
In most states, yes — any individual employed as a household employee, including security personnel, is subject to workers compensation requirements. The specific requirements vary by state and by the classification of the worker as an employee versus independent contractor.
What does K&R coverage include beyond ransom payment?
Kidnap, ransom, and extortion coverage includes crisis response services — professional negotiators and security consultants who manage the incident response — in addition to coverage for ransom payments, travel costs for crisis response teams, and medical and psychological care costs. The crisis response service component is often the most valuable element.
Is there insurance that covers executive protection costs?
Some specialty security risk products reimburse executive protection costs following a documented credible threat. This is a limited market, and the coverage terms vary significantly between available products. A broker with access to the specialty security risk insurance market can identify available options.
How does personal security risk insurance relate to the physical security program?
Insurance and physical security are complementary — security measures reduce the probability of incidents, and insurance addresses the financial consequences when they occur. The insurance program should be reviewed in coordination with the physical security program.
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COVER THE FINANCIAL CONSEQUENCES OF THE THREATS THAT COME WITH BEING A HIGH-PROFILE INDIVIDUAL.
Kelly Insurance Group can help high-net-worth and high-visibility individuals review specialty personal security risk coverage — executive protection, stalking response, security staff liability, and coordination with K&R coverage.
The availability of coverage and eligibility for coverage can depend on numerous factors. We cannot guarantee that all customers, individuals, and businesses looking for coverage will be successful in these efforts when contacting our team. All policy coverages and terms need to be fully reviewed by the respective consumer to ensure the coverage asked for is what is specifically being quoted or provided by any insurance policy. Insurance Policies, Coverage Changes, and their terms and conditions are not bound or altered until written confirmation is provided by one of our licensed team members or underwriters. This page does not offer legal advice, legal opinions, or policy interpretations. Rather, this page is meant as a resource to help provide customers and insurance consumers with additional considerations that may help in their insurance buying or pursuit of insurance information. Kelly Insurance Group does not employ or direct attorneys.
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Disclaimer: Coverage availability and eligibility may depend on many factors, including underwriting review, carrier guidelines, policy terms, state requirements, business operations, risk characteristics, and other information provided during the application or quoting process. Kelly Insurance Group cannot guarantee that every individual, customer, organization, or business seeking coverage will qualify for, receive, or successfully place insurance coverage. All policy coverages, exclusions, conditions, limits, endorsements, and terms should be carefully reviewed by the consumer, insured, or applicant to confirm that the coverage requested is the coverage being quoted, offered, or provided. Insurance coverage, policy changes, endorsements, cancellations, and other policy terms are not bound, changed, confirmed, or altered unless and until written confirmation is provided by a licensed Kelly Insurance Group team member, the applicable insurance carrier, or an authorized underwriter. This page is provided for general informational purposes only and does not provide legal advice, legal opinions, insurance coverage opinions, or policy interpretations. Information on this page should not be relied upon as a substitute for reviewing the actual policy language or consulting appropriate professional advisors. Kelly Insurance Group does not employ, supervise, or direct attorneys.