I know a case where the NGO's policy is to never pay ransom for its staff because the more ransom is paid,the more the incidents occur. It's staff who help raise the amounts.
more from source;
One of the known paradoxes of K&R policies is that those who have them are often not aware, as it can be provided by an employer hoping to protect the company's assets.
It is believed that an employee with knowledge of his K&R policy might begin to act differently, or even collude in his own kidnap for fraudulent purposes.
The major factors insurance underwriters weigh when considering a kidnap and ransom policy include the country of residence for the insured, the type of industry of the insured, revenue of the insured, and the travel patterns of any employees who may be covered by the policy.
Who knows if chiefs are covered?