Electoral Bonds and the Make-Believe Idealist World
Electoral Bonds were brought in for reforming political funding. It wasn't perfect, but the judiciary brought it down for being less than perfect. What is going on?
Now there is a new kind of insurance in India. Its called “Ransom Insurance”. Apparently, there are way too many kidnappings occuring these days specially amongst the high and mighty. Therefore, its always a danger of a kidnapping looming around.
For example, in 2006, Anant Gupta, son of Adobe Senior Vice President Naresh Gupta was kidnapped for a ransom of Rs 1 crore! To take care of such situations, the insurance companies like Tata AIG, ICICI Lombard, National Insurance, Bajaj Allianz and HDFC Chubb have come up with this new scheme. What does it pay for? All these:
So, it not only pays the moneys for the ransom, but also provides for specialists and consultants. In US, however, this has been in vogue for quite sometime for the rich Sportsmen, entertainers and business leaders. And in that case, the policies also pay for things like kidnap negotiators and psychiatrist’s fees for treatment of the victims and their families!
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