Mercantile open stock
Term · Insurance and risk management · MLC-T-INS-002178
A type of commercial crime insurance coverage that protects businesses against loss of merchandise, stock, and other property due to burglary from within the insured premises. This coverage applies when the premises are closed for business and there are visible signs of forced entry or exit. It typically excludes losses from employee theft or mysterious disappearance.
| Identifier | MLC-T-INS-002178 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002178",
"term": "Mercantile open stock",
"field": "Insurance and risk management",
"definition": "A type of commercial crime insurance coverage that protects businesses against loss of merchandise, stock, and other property due to burglary from within the insured premises. This coverage applies when the premises are closed for business and there are visible signs of forced entry or exit. It typically excludes losses from employee theft or mysterious disappearance.",
"url": "https://mlchart.com/terminology/insurance/mercantile-open-stock/"
}
Record 2,159 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.