Form with which the board of directors of a corporation accepts the resignation of a corporate officer.
Form with which the board of directors of a corporation accepts the resignation of a corporate officer.
Extortion Expense means the Insured's rea- sonable expenses to retain a negotiator ap- proved by the Company, where such expenses are in excess of the normal operating costs of the Insured's business and are directly in re- sponse to a covered Extortion Threat.
Kidnap, Ransom & Extortion Insurance provides protection against security risks for individuals and a variety of organizations domestically in the United States and around the world.