Glossary

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Bond: A sealed undertaking by a surety to pay compensation or a penalty if the person guaranteed by the bond fails to fulfill some legal obligation
Broker: One who advises persons on their insurance needs and negotiates insurances on their behalf with insurers, exercising professional care and skill in so doing.
Burglary: Loss of or damage to Insured property involving entry or exit from the premises by forcible and violent means. Burglary also includes loss following assault, or threat of assault or violence to the insured.