Do Top Executives Need Kidnapping Insurance?

Do Top Executives Need Kidnapping Insurance?

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the importance of key man insurance, especially for CEOs, and its impact on corporations. It covers the cost and perception of risk, highlighting the role of organized crime in kidnappings. The secrecy around insurance payouts is addressed, along with the prevalence of key man insurance in the investment community. The video also explores policy sizes, decision-making processes, and insurance for non-death related risks. Finally, it examines industry-specific risks and the cost of insurance for executives.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of a CEO in an organization according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the risks associated with losing a CEO?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the perception of risk differ from the actual statistics regarding kidnappings?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors influence the amount of key man insurance a CEO might have?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What types of events can key man insurance cover beyond death or disability?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

In which regions or industries is key man risk most concentrated?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the reasons for the low cost of key man insurance despite the risks?

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