How much does it cost to hire a bodyguard?
If you require personal protection and are searching for the answer to the question: ‘How much does it cost to hire a bodyguard?’, we are about to disappoint you a little.
Rest assured, as a professional personal security company, we can certainly help you with your safety requirements and give you a quotation quickly. However, stating a bold figure and confirming a price for a bodyguard on the spot is impossible. This is why:
Your situation is unique
Have you tried Google to find the answer to the title question? A lot of people did. We tried it ourselves and found websites that state ballpark figures ranging from US$ 50.- / 100.- an hour to US$ 1,500 a day excluding expenses. Sometimes, websites extend the query with further detail, for instance, by adding ‘London’ or ‘Egypt’.
Even if you would include your location to the query, we doubt you will find a satisfactory answer. The reason for that is because the cost components for a bodyguard vary and, even more important, your situation is unique.
A private security company bases its fees on several aspects. The most significant aspect is the threat level for which you require protection. Most agencies work with 4 levels. The first level requires low-risk protection in the form of security systems, security guards, consultancy and other security related equipment. Alternatively, the fourth level requires a team of VIP protection officers and extensive protective support that may take a more extended period.
The cost of hiring bodyguards
The term personal protection is actually a generic name like executive protection or close protection, which can be divided into various categories:
- Bodyguard services
- Family security
- Residential security
- Travel security
- Superyacht security
- Special event security
Aside from considering the threat level (1 (low) through 4 (high), you need to cope with, also a lot of other aspects are reviewed to calculate the fee:
- Duration of the required protection
- Scope of the protection plan (intelligence) and backup plan
- Number of bodyguards
- Number and types of equipment
- Location(s)
- Travel plans and travel requirements
- Protection officer’s skills (medical, languages, female/male, sporting skills)
- Armed or unarmed protection
Who hires bodyguards
Not only famous people and presidents are protected by bodyguards. A professional security agency offers its services to clients such as:
- Celebrities
- Artists and bands
- Athletes
- Royal families
- C-Suite level executives (CEO, CFO, etc.)
- NGOs
- Politicians, diplomats and expats
- Media teams covering news in risk zones
- (Ultra) high-net-worth individuals (UHNWI)
Example situations of hiring bodyguards for personal protection
When a media team travels to a high-risk area to cover the news, they may require pre-trip planning, preparatory training or a security adviser to keep them safe abroad.
Some NGOs operate in countries where the people are poor and medical conditions are scarce. Training NGO staff, providing bodyguards or conducting security audits can help the employees work on their worthy cause.
Of course, confidentiality and integrity restrain us from spilling details about protecting royals. Yet, when travelling to holiday destinations (for instance skiing) or during state visits, Royal families require various security services. Planning, assessing, testing, and conducting protective services at a certain location. Not only the Royal family members require protection, but also their staff does.
Unfortunately, (ultra) high-net-worth individuals and their families are always exposed to threats of kidnapping, assaults and burglary. Some of them even require 24/7 residential security and bodyguard services.
More information about the cost to hire a bodyguard
Who you are, what you do, where you conduct your business or plan a trip, and the nature and level of your threat are determining factors for the costs of a bodyguard. Experiences show that a tailor-made solution often serves the purpose best to keep you and your loved ones safe.
If you would like to know more about bodyguard costs for your specific requirements, please feel free to contact us for more information. Your request is non-committal. Would you like to know what questions we ask you to get an idea of your situation? Please review our 5 step guide in the article ‘How to hire a bodyguard’. It will also give you insights on what to look out for when hiring a professional global security agency.
Infinite Risks assigns licensed bodyguards only who are trained in the Netherlands, UK and/or the USA. Our officers are multilingual and have experience working for various high-profile clients all over the world. Contact us today.
