Claims Examples

Safe Deposit Box Rider

A bank employee allows access to a safe deposit box to an unauthorized individual, who steals the customer’s property. The customer sues the bank to recover the value of the lost items. The bank’s legal defense costs are covered, as well as the resulting liability to the customer, up to the limit of liability. 
   
A bank is burglarized over a weekend. The safe deposit boxes are drilled and all of the contents removed. Agreement B would cover the contents of the safe deposit boxes. Currency and coins would not be covered unless Agreement B was purchased “with Money.”