Storekeepers Burglary And Robbery Insurance
Coverage for small mercantile establishments on a package basis. Combines six layers of protection: burglary of a safe; damage caused by robbery and burglary, whether actual or attempted; robbery of a guard and burglary of the business's merchandise; robbery inside or outside the premises of the business; kidnapping to physically force a businessowner and/or his or her representative (s) to open the premises of the business from the outside; and theft of securities and monies either from the home of a messenger of the business and/or from a night depository of a bank.
Popular Insurance Terms
Coverage for business risks including goods in transit, fire, burglary, and theft. A common example is the COMMERCIAL PACKAGE POLICY (CPP). ...
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Extent of the loss caused by accidents. Used in predicting the dollar amount of losses upon which the premiums are based. ...
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Bond that provides additional security for a loan. ...
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