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CELEBRITIES, BUSINESSMEN, AND POLITICS NEED KIDNAPPING AND EXTORTION INSURANCE POLICIES


Increasing trend of kidnap and extortion might be disturbing for the police and common people but insurance companies have reasons to be happy at the new opportunity to get more customers.

Kidnapping policies offer financial protection to celebrities, businessmen, and politics from from their release from captivity till complete rehabilitation or for any sort of financial involvement in a perceived threat of kidnap.

The number of kidnapping and extortion policies is on the rise and famous people now understand that they need more of this kind of policy than before.

Some Hollywood movies producers also subscribe kidnapping insurance for their main actors when making a movie abroad, where security isn't as tight as in Europe or in America, as some major companies also provide this kind of insurance for their employees who need to travel to developing countries, in Asia, Africa, or South-America.

As an example Ingrid Betancourt, the French Colombian hostage kidnapped by the Farc military six years ago had applied for a kidnapping insurance when she was running for Colombia election, and insurance for employees is a concept which is growing everywhere in the world, these policies being typically taken by corporates for their executives working in insecure locations, and many celebrities or high rank CEO also regularly go for this cover.

And do not worry about your insurance company not helping enough for your release, as these companies do not handle the cases of kidnap for negotiations, they just start being involved after your release.