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GLOSSARY

GLOSSARY TERMS by Alpha
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Bailment
Bailor
Bankers blanket bond
Bare
Basic causes of loss
Beach plans
Beneficiary
Benefit
Betterment
Bid bond
Binder
Binding authority
Blanket coverage
Bodily injury Coverage
Bullet Contract
Business life insurance

Bankers blanket bond

A bond designed to indemnify for loss of money, securities, etc., caused by: dishonesty of employees; robbery or theft from the premises; or robbery or theft while the insured property is in transit.

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