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Kidnap Insurance

Kidnap Insurance

What is 'Kidnap Insurance'

A type of insurance designed to protect individuals from the risk of kidnapping. Kidnap insurance often covers other events related to kidnapping, including extortion. In the case of a kidnapping, the policy holder is compensated for money paid as ransom, medical expenses, counseling or for accidental death of the kidnap victim.

Explaining 'Kidnap Insurance'

Kidnap insurance is more likely to be used for individuals or companies operating in high-risk areas. These areas tend to have higher rates of crime and a history of kidnapping workers employed by multinational firms. Some of the common high-risk areas include Nigeria, Haiti and Venezuela.


Further Reading

Biopolitics of specialized risk: an analysis of kidnap and ransom insuranceBiopolitics of specialized risk: an analysis of kidnap and ransom insurance
journals.sagepub.com [PDF]
… Mr Smith, for example, is prone to being kidnapped owing to the nature of his job, which requires … For Mr Smith, the risk of a kidnapping event is a professional risk that he needs to take … It results from considering the fact that the possibilities of a kidnap are highly probable and of …

Who wants to be a millionaire? Nigerian youths and the commodification of kidnappingWho wants to be a millionaire? Nigerian youths and the commodification of kidnapping
www.tandfonline.com [PDF]
… Mr Smith, for example, is prone to being kidnapped owing to the nature of his job, which requires … For Mr Smith, the risk of a kidnapping event is a professional risk that he needs to take … It results from considering the fact that the possibilities of a kidnap are highly probable and of …

Regional shortcomings and global solutions: Kidnap, ransom and insurance in Latin AmericaRegional shortcomings and global solutions: Kidnap, ransom and insurance in Latin America
heinonline.org [PDF]
… Mr Smith, for example, is prone to being kidnapped owing to the nature of his job, which requires … For Mr Smith, the risk of a kidnapping event is a professional risk that he needs to take … It results from considering the fact that the possibilities of a kidnap are highly probable and of …

Capitalizing on value: Towards a sociological understanding of kidnappingCapitalizing on value: Towards a sociological understanding of kidnapping
journals.sagepub.com [PDF]
… Mr Smith, for example, is prone to being kidnapped owing to the nature of his job, which requires … For Mr Smith, the risk of a kidnapping event is a professional risk that he needs to take … It results from considering the fact that the possibilities of a kidnap are highly probable and of …

Fluctuations between crime and terror: The case of Abu Sayyaf's kidnapping activitiesFluctuations between crime and terror: The case of Abu Sayyaf's kidnapping activities
www.tandfonline.com [PDF]
… Mr Smith, for example, is prone to being kidnapped owing to the nature of his job, which requires … For Mr Smith, the risk of a kidnapping event is a professional risk that he needs to take … It results from considering the fact that the possibilities of a kidnap are highly probable and of …

Governing kidnap for ransom: Lloyd's as a “private regime”Governing kidnap for ransom: Lloyd's as a “private regime”
onlinelibrary.wiley.com [PDF]
… Mr Smith, for example, is prone to being kidnapped owing to the nature of his job, which requires … For Mr Smith, the risk of a kidnapping event is a professional risk that he needs to take … It results from considering the fact that the possibilities of a kidnap are highly probable and of …

Use of kidnapping and extortion as a tool for financing terrorism: the case of the PKKUse of kidnapping and extortion as a tool for financing terrorism: the case of the PKK
www.tandfonline.com [PDF]
… Mr Smith, for example, is prone to being kidnapped owing to the nature of his job, which requires … For Mr Smith, the risk of a kidnapping event is a professional risk that he needs to take … It results from considering the fact that the possibilities of a kidnap are highly probable and of …

The Paradox of InsuranceThe Paradox of Insurance
papers.ssrn.com [PDF]
… Mr Smith, for example, is prone to being kidnapped owing to the nature of his job, which requires … For Mr Smith, the risk of a kidnapping event is a professional risk that he needs to take … It results from considering the fact that the possibilities of a kidnap are highly probable and of …


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