The insured, insured’s partner, or employees are considered
custodians
. ‘ A messenger has possession of the insured’s property away from the insured premises.
Which term describes an insured a partner or an employee with custody of insured property outside the insured premises?
An insured’s employee who has custody and care of property inside the premises is called a:
Custodian —
The custodian is the insured or any of the insured’s partners or employees, while having care and custody of covered property inside the premises, excluding any person acting as a watchperson or janitor.
Which of the following definitions describes the taking of property by one who has caused or threatened bodily harm to that person?
“Robbery
” means taking property from the care and custody of a person by someone who has caused or threatened to cause bodily harm, or who has committed an obviously unlawful act which the victim witnessed.
Which commercial crime policy will cover any occurrence that took place during policy period even if it was not immediately discovered?
A loss-sustained policy
works like an occurrence policy. It covers losses that occurred while the policy is in effect, even if the loss was not discovered until after the policy period expired.
Which of the following is an example of a completed forcible entry burglary?
Completed forcible entry—Force is used to successfully gain entry to a residence. Examples include
breaking a window or slashing a screen
. Completed unlawful entry—No force is used but the residence is entered by someone having no legal right to be on the premises.
Under which type of coverage does the insurer agree to pay for bodily injury?
Liability Coverage
and California Law. Liability coverage helps pay for injuries or damage to others when you are responsible. If you own and drive a vehicle, you must follow the financial responsibility laws in the state Vehicle Code.
Which of the following is not covered by the robbery or safe burglary of other property Insuring Agreement?
The Robbery or Safe Burglary of Other Property insuring agreement does
not cover cash, or losses outside the insured premises
. Employee theft of any kind would be covered under the Employee Theft and Dishonesty insuring agreement. You just studied 16 terms!
What are examples of extortion?
What are examples of extortion? A classic example of extortion is
the “protection” scheme where figures with ties to organized crime demand that shop owners pay for their protection to prevent something bad
(such as an assault on the shopkeeper or damage to his or her store or goods) from happening.
What are the three types of extortion?
- Threats. The foundation of extortion is making threats, such as: …
- Blackmail. Blackmail is probably the most well-known type. …
- Cyber extortion. A more recent form of extortion uses computers to reach targets. …
- Criminal demographics.
Why extortion is committed?
Extortion consists of obtaining property from another through the wrongful use of actual or threatened force, violence or fear. In other words,
making the threat is sufficient and the actual obtainment of money or property is not required to commit the offence
. …
Which of the following indicates the taking of property from the care and custody of a person by someone who has threatened bodily harm to that person?
Which of the following indicates the taking of property from the care and custody of a person by someone who has threatened bodily harm to that person?
Robbery
is defined as the felonious taking of personal property by means of force or fear.
Which of the following is the most common type of robbery?
street robbery
. The most common type of robbery committed on public streets & alleyways with a weapon.
Which of the following covers a carrier for liability for loss to cargo?
Which of the following covers a carrier for liability for loss to cargo while it is being transported in a truck? The motor trucker cargo truckers is
liability insurance
and the owners form is property coverage.
What is unlawful entry?
To give a quick definition, unlawful entry is the “entering” part of “breaking and entering.” Unlawful entry can involve
forcibly opening a door or breaking into a building
, but it can also involve simply wandering into an unlocked home, or using a falsified ID to gain access to a non-public area.
Is it still breaking and entering if the door is unlocked?
In short,
the state may charge you with either breaking and entering even if the window was open
or the door, unlocked; however, the law does make a distinction in the severity of crimes based on these and other factors. And you will probably have a stronger defense if you crossed fewer barriers to entry.
What is the difference between robbery and burglary?
Burglary occurs when someone “intentionally enters [a place] without the consent of the person in lawful possession and with intent to steal or commit a felony.” Robbery occurs when someone “takes property from the person or presence of the owner by either… using force…or by threatening the imminent use of force.”
