Which endorsement to the Commercial Crime policy would protect a bank against its legal liability for burglary, robbery, destruction, or damage to customers' belongings kept in safe deposit at the bank?

Which endorsement to the Commercial Crime policy would protect a bank against its legal liability for burglary, robbery, destruction, or damage to customers' belongings kept in safe deposit at the bank?



Answer: Safe Depository. The Safe Depository Endorsement covers the named insured's legal liability if it is the safe depository for customers' property. The perils covered include burglary, robbery, destruction, or damage. A bank would be likely to need such coverage.

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