Skip to Content

safe depository coverage

Safe depository coverage provides coverage for any loss to property located in any safe or box leased to a customer of the insured, other than a financial institution, within the safe deposit vaults located within any of the insured's offices.

On This Page

safe depository coverage

Safe depository coverage provides coverage for any loss to property located in any safe or box leased to a customer of the insured, other than a financial institution, within the safe deposit vaults located within any of the insured's offices.

Additional Information


It is commercial crime coverage plan 8 of the Insurance Services Office, Inc. (ISO), portfolio. There are two optional coverage forms. Coverage form M (CR 00 14) applies only to the extent the insured is legally liable. Coverage form N (CR 00 15) covers loss of customers' property regardless of liability. Financial institutions can obtain this coverage through the combined safe depository policy promulgated by the Surety Association of America (SAA) (Form CSD-1).

Synonyms

Safe Deposit Box Coverage