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Kidnap And Ransom Insurance

Kidnap and Ransom Insurance

Definition

Kidnap and Ransom Insurance — specialty crime coverage that insures against loss by the surrender of property as a result of a threat of harm to the named insured, an employee, or a relative or guest of the insured or the insured's employees. Available under an Insurance Services Office, Inc. (ISO), crime coverage form G, extortion (CR 00 08).

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