Kidnap and ransom insurance
Kidnap and ransom insurance is protection for employees in high-risk areas. Policies that reimburse employees' losses due to kidnapping or extortion in high-risk areas of the world.
Definition
According to the HRBoK Guide,
- Kidnap and ransom insurance. Protection for employees in high-risk areas. Policies that reimburse employees' losses due to kidnapping or extortion in high-risk areas of the world.