Storekeepers Broad Form
Term · Insurance and risk management · MLC-T-INS-003198
A package insurance policy designed for smaller retail businesses, combining multiple property and liability coverages into a single contract. It provides protection against specific perils such as employee dishonesty, loss of money and securities both on and off premises, and damage to property from burglary or robbery. This form was largely superseded by the Businessowners Policy (BOP), which offers more flexible and extensive coverage options for small and medium-sized enterprises.
| Identifier | MLC-T-INS-003198 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003198",
"term": "Storekeepers Broad Form",
"field": "Insurance and risk management",
"definition": "A package insurance policy designed for smaller retail businesses, combining multiple property and liability coverages into a single contract. It provides protection against specific perils such as employee dishonesty, loss of money and securities both on and off premises, and damage to property from burglary or robbery. This form was largely superseded by the Businessowners Policy (BOP), which offers more flexible and extensive coverage options for small and medium-sized enterprises.",
"url": "https://mlchart.com/terminology/insurance/storekeepers-broad-form/"
}
Record 3,270 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.