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How would that work? Would the bad guys just ask for 10 times as much, since the insurance company is obligated to pay whatever it costs?
by robbrown451 6y ago
How would that work? Would the bad guys just ask for 10 times as much, since the insurance company is obligated to pay whatever it costs?
- closeparen 6y agoIf kidnap & ransom insurance is any precedent: the policy has a limit, the insurance company's business is negotiation, and the whole thing is shrouded in secrecy to keep attackers from knowing who is insured & for how much. Even attackers who get paid have an incentive not to piss off the insurer.