What Does Bailee Coverage Mean?

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What does Bailee Coverage mean? Read on to discover the definition & meaning of the term Bailee Coverage - to help you better understand the language used in insurance policies.

Bailee Coverage

Bailee Coverage

Inland marine coverage on property entrusted to the insured for storage, repair, or servicing. It is typically purchased by businesses such as dry cleaners, jewelers, repairers, furriers, etc.

We hope the you have a better understanding of the meaning of Bailee Coverage.

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