Insurance

Kidnap/ransom insurance

As students of finance, it's important to familiarize ourselves with the concept of coverage for ransom and extortion payments, along with related expenses. This type of insurance is often sought after by multinational companies to protect their employees. However, it's worth noting that these policies often come with high deductibles and may not cover certain geographical areas. Additionally, some policies may require the policyholder to keep the coverage confidential.

Related terms

Indirect loss

Understand the meaning and definition of Indirect loss in the context of stock market, trading, and investments.

MORE
Accumulation Period

Understand the meaning and definition of Accumulation Period in the context of stock market, trading, and investments.

MORE
Joint and several liability

Understand the meaning and definition of Joint and several liability in the context of stock market, trading, and investments.

MORE
Blanket coverage

Understand the meaning and definition of Blanket coverage in the context of stock market, trading, and investments.

MORE
Liability insurance

Understand the meaning and definition of Liability insurance in the context of stock market, trading, and investments.

MORE
Treaties

Understand the meaning and definition of Treaties in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers