Multiple choice

In insurance, ‘loss or money from safe following the use of key to the safe or any duplicate thereof belonging to the insured, unless this had been obtained by threat or violence’ is known as

  1. key clause

  2. key safe

  3. safe custody

  4. forged key

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Cash is lost from the safe following the use of a key to open it, where such key has been obtained by violence or threats of violence or through means of force. This is generally known as “key clause”.