Insurance that covers the bailee, the person temporarily in possession of another property, in case of damage to the property while under his or her care. The bailee is covered against many potential hazards, including fire damage, theft, robbery, and sprinkler leaks.
Related information about bailee's customer insurance:
- What is bailee's customer insurance? definition and meaning
Definition of bailee's customer insurance: Insurance that covers the bailee, the person temporarily in possession of another property, in case of damage to the ...
- Bailee's Customer Insurance financial definition of Bailee's ...
An insurance policy providing coverage in cases in which a bailee does not return property to a bailor in appropriate condition. In a bailment, the bailor ...
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- Bailee - Legal Dictionary - The Free Dictionary
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- bailee - definition of bailee by the Free Online Dictionary, Thesaurus ...
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- Bailee - Financial Dictionary - The Free Dictionary
Bailee's Customer Insurance · bailment · Bailor · operation of law. ; five grandchildren, Sam and Bailee Harkins, Casey and Jared Saunders, and Morrill ...
- MJM GLOBAL - Glossary
Bailee's Customer Insurance: Insurance purchased by a party (bailee) who has temporary possession of another party's property. It covers the bailee's ...