Common use of Theft of Money and Securities Clause in Contracts

Theft of Money and Securities. We will pay for loss of money and securities inside a covered location or inside a bank or similar depository resulting from theft, disappearance or destruction. We will pay for loss from damage to the covered location or its exterior if you are the owner of the premises or liable for damage to it. We will pay for loss of or damage to a locked safe, vault, cash register, cash box or cash drawer located inside the covered location resulting directly from an actual or attempted theft of or unlawful entry into those containers. We will pay for loss of money and securities outside the covered location while in the care and custody of an employee, messenger, or delivery service. Any amount we pay is limited to that portion of loss exceeding the deductible shown in the Information Pages. We will then pay in excess of the deductible up to the limit shown for this coverage in the Information Pages.