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BASE-LINE EXECUTIVE PROTECTION COSTS
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Baseline Executive Protection Costs
Is your company prepared for the damage caused by the embarrassment, kidnapping, or death a C-level Executive?
High profile leaders that have an impact on the U.S. and world economy are considered High Value Targets (HVT) because of the instability that their death would cause.
A CEO that is out of decision-making for even three days can change the financial dynamic of a company, create turmoil amongst shareholders and can significantly reduce the value of the company. This is why an inclusive security plan must be in place at all times.
Baseline Executive Protection Costs
Typically, the cost of a fully manned Security Detail can be estimated from 2%-5% of the clients NET Value (NET Value $500,000,000 multiplied by 5% = $2,500,000).
The price of Executive Protection may seem costly, but you must take into consideration the manpower needed to protect a high net value client for just one year around the clock.
Have you considered the costs and possible damages caused by just one surprise ambush? Just one incident without protection could potentially result in the kidnapping or death of your Executive, which could be catastrophic.
In comparison, Executive Protection Costs greatly pale to the ripple effect and damage your company faces without proper preparedness and security.
What is included in the Cost of Executive Protection?
It is important to remember that when corporate executive protection is implemented correctly, there will be no telltale signs of an attack. This does not mean that the security is unnecessary, but that the security is serving its purpose of mitigating threats.
Read this short case study on the Exxon CEO kidnap, ransom and murder to gauge the true "cost" of executive protection.