What crime coverage endorsement would apply if jewelry was stolen from guests at a nursing home?

Prepare for the Georgia Casualty Insurance Exam with flashcards and multiple-choice questions. Each question includes hints and explanations to help you excel. Get ready to ace your exam!

The correct answer is that Guests' Property Coverage would apply in the scenario where jewelry was stolen from guests at a nursing home. This endorsement is specifically designed to provide coverage for personal property of guests that is in the care, custody, or control of the insured establishment, which in this case is the nursing home. This type of coverage addresses the liability that the nursing home might face if a guest's belongings, such as jewelry, are lost or stolen while on the premises.

This coverage is essential for establishments like nursing homes, where residents may have personal valuables that they trust the facility to look after. By having Guests' Property Coverage, the nursing home can help protect itself from financial losses arising from claims made by guests due to theft or loss of their personal property.

Other options, such as Guest Theft Coverage, would not be applicable as it might specifically pertain to a different context or type of coverage, while Employee Theft Coverage relates strictly to theft committed by employees against the property of the insured. The Property Protection Endorsement typically is more concerned with general property protection and might not specifically address the nuances of theft of guest property.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy