Open stock burglary policy

{
  "id": "MLC-T-INS-002415",
  "term": "Open stock burglary policy",
  "field": "Insurance and risk management",
  "definition": "A commercial crime insurance policy that covers loss of merchandise, furniture, fixtures, and equipment due to burglary from within the insured's premises. Burglary is defined as the unlawful taking of property by forced entry or exit, evidenced by visible marks. This policy typically requires the premises to be closed for business at the time of the loss.",
  "url": "https://mlchart.com/terminology/insurance/open-stock-burglary-policy/"
}