Skip to main content
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

Risk-based capital

Understand the meaning and definition of Risk-based capital in the context of stock market, trading, and investments.

MORE
Agent

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

MORE
Catastrophe

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

MORE
Floater

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

MORE
Offer and Acceptance

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

MORE
Insurability

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

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91