What does coverage under a Bailee policy typically include?

Coverage under a Bailee policy specifically addresses the liabilities and responsibilities of a bailee, who is a party that temporarily takes possession of someone else's property. The main purpose of this type of policy is to protect the bailee against claims for damages or loss to property that is in their care, custody, or control.

The correct answer, which focuses on the customer's property listed under care, custody, and control, highlights the scope of coverage provided by the Bailee policy. This includes items that are in the bailee's possession for servicing, storage, repair, or other purposes that necessitate taking care of someone else's goods.

Understanding this type of coverage is crucial as it clarifies that not all types of property are covered under a Bailee policy; instead, the coverage is limited to specific items that the bailee is responsible for. Other options, like goods under courtesy service, would not necessarily fall under the policy, as they may not be considered to be in the care of the bailee for a profit-making purpose. Similarly, property owned by the bailee wouldn't be covered as it is not the liability of the bailee to protect their own possessions in the context of this insurance. Finally, the notion of covering all property regardless of