What Does Extortion-Commercial Entities Endorsement Mean?

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

Extortion-Commercial Entities Endorsement

Extortion-Commercial Entities Endorsement

Endorsement used with the commercial crime policy that covers loss of money, securities, and other property when surrendered away from the premises as a result of a threat to do bodily harm to the insured, an employee or a relative of either who is being held captive.

We hope the you have a better understanding of the meaning of Extortion-Commercial Entities Endorsement.

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