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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MEDICAL,USA Type of insurance that gives coverage up to a certain limit for payment of money demanded by kidnappers for the release of an individual who is held against his or her will.