While working on the LAN, a Computers Unlimited employee made a mistake. This loss was reported to Computers Unlimited's insurer. Coverage was denied. A second agent called on Computers Unlimited to solicit its insurance business. While talking, Computers Unlimited told this second agent about the uncovered loss that it had sustained.
Processing includes finishing, repairing, restoring, adjusting, or other work upon the property.
For a pure storage risk, the Warehouse Operator's Legal Liability policy can provide care, custody and control protection. Property insurance forms can provide care, custody and control coverage. The Miscellaneous Bailee - Processor floater will provide care, custody and control coverage on the insured's premises, at the customer's premises and in transit. There are other coverage forms that can be used to provide care, custody and control coverage for various types of businesses.