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7 Cards in this Set

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  • Back
Nonfiled inland:
Shipment of Goods:

ANNUAL TRANSIT POLICY
can be used by manufacturers, wholesalers, retailers, to cover shipment of goods on public trucks, railroads, and coastal vessels

broad covg
Nonfiled Inland Marine:
Shipment of Goods:

TRIP TRANSIT POLICY
used by firms and individuals to cover a single shipment
Nonfiled Inland Marine:
Bailee Forms:

BAILEES LIABILITY POLICY
used to cover firm's liability for property of customers
Nonfiled Inland Marine:
Bailee forms:

BAILEE'S CUSTOMERS POLICY
used to cover loss or damage to property of others regardless of legal liability

generally designed for firms that hold property of others that have high value such as fur coats
Nonfiled Inland Marine:
Business Floaters:

BUSINESS FLOATER
inland marine policy that covers property that frequently moves from one location to another
BUSINESSOWNERS POLICY (BOP)
package policy specifically designed for small to medium sized stores, buildings, firms

provides both property and liability insurance coverages
BOP:

TYPE OF COVERAGE
special form

all risks/open perils