Under the Commercial Crime Coverage Form, which of the following describes "money"?

The definition of "money" under the Commercial Crime Coverage Form is accurately described by the option that includes coins, cash, traveler's checks, and deposits at financial institutions. This encompasses a broad spectrum of tangible and intangible forms of currency that businesses may handle.

Coins and cash are the most traditional forms of money, easily recognized and used in everyday transactions. Traveler's checks, while less common nowadays, represent a form of pre-printed monetary value that is easily transferable and accepted as a form of payment. Deposits at financial institutions refer to funds held in accounts, which are also considered part of a business's monetary resources since they are easily accessible for transactions.

Understanding this definition is crucial for businesses because it clarifies what is covered under their commercial crime insurance policies. In particular, this understanding helps in assessing risk related to theft or loss of these forms of money—a situation that can significantly impact a company's financial stability.

By defining "money" in this comprehensive way, the coverage acknowledges both physical cash and various forms of negotiable instruments that businesses might encounter, ensuring adequate protection against potential losses.