Securities Deposited with Others Coverage Form J
Term · Insurance and risk management · MLC-T-INS-003039
A specific insurance form designed to cover losses of securities that are held by a third party, such as a bank, broker, or clearinghouse. This coverage protects against perils like theft, disappearance, or destruction of the securities while they are outside the insured's direct control. It is typically part of a financial institution's crime insurance policy.
| Identifier | MLC-T-INS-003039 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003039",
"term": "Securities Deposited with Others Coverage Form J",
"field": "Insurance and risk management",
"definition": "A specific insurance form designed to cover losses of securities that are held by a third party, such as a bank, broker, or clearinghouse. This coverage protects against perils like theft, disappearance, or destruction of the securities while they are outside the insured's direct control. It is typically part of a financial institution's crime insurance policy.",
"url": "https://mlchart.com/terminology/insurance/securities-deposited-with-others-coverage-form-j/"
}
Record 3,123 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.