Express Kidnapping definition
Examples of Express Kidnapping in a sentence
Express Kidnapping shall mean the wrongful abduction and detention of an Insured Person against their will or by deception by a person or group for the purpose of obtaining Cash directly from the Insured Person by way of the fraudulent or coercive use of a Financial Card.
If within the Operative Time an Insured Person is the victim of an Express Kidnapping during an Insured Journey outside of their Country of Permanent Residence the Company shall indemnify the Insured for the benefit of the Insured Person for any financial loss incurred directly as a result of a Financial Card being used fraudulently or under coercion up to the Sum Insured per Insured Journey shown in the Business Travel Specification.
If an Insured Person is the victim of Express Kidnapping the Insurer will pay the Policyholder up to the amount shown in the Schedule of Benefits for any financial loss incurred directly as a result of Express Kidnapping.