Mercantile Robbery Insurance

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Barron's Business Dictionary:

Mercantile Robbery Insurance

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Coverage for actual or attempted robbery of money, securities, or other property.

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Barron's Insurance Dictionary:

Mercantile Robbery Insurance

Top
Coverage available under two forms for actual or attempted robbery of money, securities or other property. Under the First Form the policy covers if the robbery is committed on the premises of the business. The Second Form covers if the robbery is committed against a messenger of the business off its premises. An endorsement can provide coverage if employees have property of the business in their custody at home, and this property is lost through robbery or burglary. This policy has generally been replaced by current commercial crime coverage forms .

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Business Crime Insurance (insurance term)