Which additional insuring agreement covers threats of bodily harm under the Crime Policy?

Prepare for the Florida 2-20 Insurance Agent License Exam. Leverage flashcards and multiple-choice questions with detailed explanations. Be exam-ready with confidence!

The correct answer, which identifies the additional insuring agreement that covers threats of bodily harm under the Crime Policy, is extortion. When an individual or entity faces extortion, they are subjected to threats of harm unless they comply with an extortionist's demands. This typically involves a demand for money or valuables in exchange for safety. The insuring agreement for extortion specifically addresses situations where a policyholder may be threatened with bodily injury, which can include kidnappings or similar threats.

In the context of crime insurance, this coverage is essential as it provides a layer of protection against financial loss due to compliance with extortion demands, thus safeguarding both the individual and the organization from the financial impacts of such threats.

Other terms in the question refer to different types of crime coverage. Kidnap and Ransom generally pertains directly to situations involving the kidnapping of individuals for ransom without the broader implications of compliance due to threat. Robbery involves taking property with the use or threat of force but does not explicitly cover the broader range of threats to harm an individual. Theft, on the other hand, typically concerns property loss without the element of personal threats or violence. Therefore, extortion is the most appropriate coverage for threats involving bodily harm within the context of a

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