Bailee coverage

{
  "id": "MLC-T-INS-000517",
  "term": "Bailee coverage",
  "field": "Insurance and risk management",
  "definition": "Insurance protection for businesses that temporarily hold the property of others for repair, cleaning, storage, or other services. This coverage protects the bailee against loss or damage to customers' goods while they are in the bailee's care, custody, or control. Examples include dry cleaners, repair shops, and warehouses, where the bailee has a legal responsibility for the property.",
  "url": "https://mlchart.com/terminology/insurance/bailee-coverage/"
}