Which of the following statements is (are)true with respect to the kidnap/ransom and extortion coverage available through ISO's Commercial Crime Coverage program?
I.It covers the loss of money that is paid for ransom if someone is kidnaps.
II.It covers some indirect costs association with a kidnapping,such as hiring a hostage negotiator.

Question

Quizplus · Accepted Answer

The kidnap/ransom and extortion coverage through ISO's Commercial Crime Coverage program covers the loss of money that is paid for ransom if someone is kidnapped (I), and also covers some indirect costs associated with a kidnapping, such as hiring a hostage negotiator (II). Therefore, both statements are true.

Which of the Following Statements Is (Are)true with Respect to the Kidnap/ransom