ROBBERY AND SAFE BURGLARY COVERAGE FORM

COMMERCIAL CRIME
Coverage Form D
ROBBERY AND SAFE BURGLARY COVERAGE FORM –
PROPERTY OTHER THAN MONEY AND SECURITIES
A. COVERAGE – We will pay for loss of, and loss
from damage to, Covered Property resulting directly from the Covered Causes of Loss.
1. Section 1. – Inside The Premises
a. Robbery Of A Custodian
(1) Covered Property: "Property other than
money and securities" inside the
"premises" in the care and custody of a
"custodian."
(2) Property Not Covered: Motor vehicles,
trailers, or semi-trailers or equipment
and accessories attached to them.
(3) Covered Cause of Loss: Actual or
attempted "robbery."
(4) Coverage Extension
Premises Damage: We will pay for loss
from damage to the "premises" or its
exterior resulting directly from the Covered Cause of Loss, if you are the
owner of the "premises" or are liable for
damage to it.
b. Safe Burglary
(1) Covered Property: "Property other than
money and securities" inside the
"premises" in a safe or vault.
(2) Covered Cause of Loss: Actual or
attempted "safe burglary."
(3) Coverage Extension
Premises, Safe and Vault Damage:
We will pay for loss from damage to:
(a) The "premises" or its exterior; or
(b) A locked safe or vault located inside
the "premises;"
resulting directly from the Covered
Cause of Loss, if you are the owner of
the property or liable for damage to it.
2. Section 2. – Outside The Premises
a. Covered Property: "Property other than
money and securities" outside the
"premises" in the care and custody of a
"messenger."
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b. Property Not Covered: Motor vehicles,
trailers or semi-trailers or equipment and
accessories attached to them.
c. Covered Cause of Loss: Actual or attempted "robbery."
d. Coverage Extension
Conveyance Of Property By Armored
Motor Vehicle Company: We will pay for
loss of, and loss from damage to, Covered
Property resulting directly from the Covered Cause of Loss while outside the
"premises" in the care and custody of an
armored motor vehicle company.
But, we will pay only for the amount of loss
you cannot recover:
(1) Under your contract with the armored
motor vehicle company; and
(2) From any insurance or indemnity carried by, or for the benefit of customers
of, the armored motor vehicle company.
B. LIMIT OF INSURANCE
The most we will pay for loss in any one
"occurrence" is the applicable Limit of Insurance
shown in the DECLARATIONS.
C. DEDUCTIBLE
We will not pay for loss in any one "occurrence"
unless the amount of loss exceeds the Deductible
Amount shown in the DECLARATIONS. We will
then pay the amount of loss in excess of the Deductible Amount up to the Limit of Insurance. In
the event more than one Deductible Amount could
apply to the loss, only the highest Deductible
Amount may be applied.
D. ADDITIONAL EXCLUSIONS, CONDITIONS AND
DEFINITIONS: In addition to the provisions in the
Crime General Provisions, this Coverage Form is
subject to the following:
1. Additional Exclusions: We will not pay for
loss as specified below:
a. Acts of Employees, Directors, Trustees
or Representatives: Loss resulting from
any dishonest or criminal act committed by
any of your "employees," directors, trustees
or authorized representatives:
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(1) Acting alone or in collusion with other
persons; or
(2) While performing services for you or
otherwise.
b. Fire: Loss resulting from fire, however
caused, except loss from damage to a safe
or vault.
c. Transfer or Surrender of Property
(1) Loss of, or loss from damage to, property after it has been transferred or surrendered to a person or place outside
the "premises:"
(a) On the basis of unauthorized instructions; or
(b) As a result of a threat to do:
i. Bodily harm to any person; or
ii. Damage to any property.
(2) But, this exclusion does not apply under
COVERAGE, Section 2. to loss of Covered Property while outside the
"premises" in the care and custody of a
"messenger" if you:
(a) Had no knowledge of any threat at
the time the conveyance began; or
(b) Had knowledge of a threat at the
time the conveyance began, but the
loss was not related to the threat.
d. Vandalism: Loss from damage to any
property by vandalism or malicious mischief.
2. Additional Conditions
a. Duties in the Event of Loss: If you have
reason to believe that any loss of, or loss
from damage to, Covered Property involves a violation of law, you must notify
the police.
(2) Manuscripts, drawings, or records of
any kind or the cost of reconstructing
them or reproducing any information
contained in them.
3. Additional Definitions
a. "Custodian" means you, any of your partners or any "employee" while having care
and custody of the property inside the
"premises," excluding any person while
acting as a "watchperson" or janitor.
b. "Messenger" means you, any of your
partners or any "employee" while having
care and custody of the property outside
the "premises."
c. "Occurrence" means an:
(1) Act or series of related acts involving
one or more persons; or
(2) Act or event, or a series of related acts
or events not involving any person.
d. "Premises" means the interior of that
portion of any building you occupy in conducting your business.
e. "Robbery" means the taking of property
from the care and custody of a person by
one who has:
(1) Caused or threatened to cause that
person bodily harm; or
(2) Committed an obviously unlawful act
witnessed by that person.
f. "Safe Burglary" means the taking of:
(1) Property from within a locked safe or
vault by a person unlawfully entering the
safe or vault as evidenced by marks of
forcible entry upon its exterior; or
(2) A safe or vault from inside the
"premises."
b. Special Limit of Insurance for Specified
Property: We will only pay up to $5,000 for
any one "occurrence" of loss of, and loss
from damage to:
(1) Precious metals, precious or semiprecious stones, pearls, furs, or completed
or partially completed articles made of
or containing such materials that constitute the principal value of such articles;
or
g. "Watchperson" means any person you
retain specifically to have care and custody
of property inside the "premises" and who
has no other duties.
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Copyright, Insurance Services Office, Inc., 1984, 1989
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