KIDNAP RANSOM INSURANCE

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP78-04722A000200020003-1
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 1
• Document Creation Date: December 9, 2016
• Document Release Date: March 24, 2000
• Sequence Number: 3
• Publication Date: June 28, 1971
• Content Type: MF

Approved For Release 200Q8
6
) 78- gPW00O2 GO 096
28 June 1971
MEMORANDUM FOR: Special Support Assistant/DDS
SUBJECT : Kidnap Ransom Insurance
1. The Department of State Security Section has recently learned
that two embassies in Europe have been approached by insurance representa-
tives of Lloyd's of London offering insurance against kidnapping and ransom
demands.
2. State acknowledges that purchase of insurance is a personal
expense. However, they are of the opinion that "kidnap insurance" may
serve as an incentive for kidnappers with a need of cash as well as political
motives. Thus it could be counterproductive. Accordingly State wants to
try dissuasion. State has drafted the attached note for all diplomatic and
consular posts. They have asked for coordination from the Agency as well
as AID, DIA, and USIA.
3. State has made some good points but I'm inclined to permit each
individual to make up his own mind about the desirability of such insurance.
On balance I do not think the Agency should endorse State's attempt at
dissuasion.
4. I would appreciate any thoughts you care to give me on this as
well as those of the Support Officers.
01
Chief, Special Security nit,
C FI TIAL a . ~.,,.;.rte
6 ET ~ Esc: r, d F: mCI9r e
Approved For Release 2000/08/28 : CIA-RDP78-04722At002yb 020003-1
25X1A