Kidnap for Ransom Insurance Requires Basic Security Measures but does not require

Question

Quizplus · Accepted Answer

Kidnap for ransom insurance requires basic security measures and a plan of action, but it does not require travel insurance. Secrecy of coverage is typically maintained to protect the insured’s privacy, but it is not a requirement of the policy. Recorded currency may be useful in a kidnapping situation, but it is not a requirement. Verifiable education and awareness training is recommended but not required. Reasonable effort must be made to contact the police in the case of a kidnapping, but it is not a requirement.

Kidnap for Ransom Insurance Requires Basic Security Measures but Does