Florida Insurance Claims Adjuster License Practice Exam

What is covered under the Lessees of Safe Deposit Boxes policy?

1. Any digital securities

2. Physical damages to the safe deposit box

3. Theft, disappearance, or destruction of securities from safe deposit boxes

4. Employee access misuse

The correct answer is: Theft, disappearance, or destruction of securities from safe deposit boxes

The Lessees of Safe Deposit Boxes policy covers theft, disappearance, or destruction of securities from safe deposit boxes. Option A is incorrect because it specifically mentions "digital securities," while the policy only covers physical securities. Option B is incorrect because the policy does not cover physical damages to the safe deposit box itself, only damages to the securities inside. Option D is incorrect because the policy only covers external factors, not employee misuse.