What does the inside premises, robbery, or safe burglary coverage protect?

The inside premises, robbery, or safe burglary coverage is designed to specifically protect against theft incidents that occur within a business's premises. This coverage focuses on the events related to robbery or attempted robbery of a custodian, as well as actual or attempted safe burglary.

This type of coverage is particularly important as it addresses scenarios where hands-on theft occurs, typically involving the direct confrontation of an employee or custodian who is responsible for handling cash or valuables. By focusing on the custodian aspect, the coverage provides essential protection ensuring that businesses are safeguarded against the loss of money or property due to robbery incidents that directly threaten their staff.

Other options do not accurately represent the specific protection offered by inside premises robbery or safe burglary coverage. For instance, while theft of bank deposits after business hours is significant, it typically falls under different types of coverage, such as burglary or theft coverage rather than the specific robbery or safe burglary focus. Similarly, the theft of personal property from employee lockers is usually covered under a different policy oriented toward employee property, and robbery of cash from a restaurant during open hours, while potentially covered under broader commercial crime policies, is not what this particular coverage specifically addresses.