{"id":369,"date":"2018-07-21T06:29:29","date_gmt":"2018-07-21T12:29:29","guid":{"rendered":"https:\/\/www.insuringky.com\/blog\/?p=369"},"modified":"2018-07-17T07:54:11","modified_gmt":"2018-07-17T13:54:11","slug":"bailee","status":"publish","type":"post","link":"https:\/\/www.insuringky.com\/blog\/bailee\/","title":{"rendered":"Bailee"},"content":{"rendered":"

\"TruePoint<\/a>\u00a0\"Key<\/p>\n

 <\/p>\n

Anyone (person or entity) that has temporary custody of the belongings of others.\u00a0 This is normally associated with businesses that are performing a service.\u00a0 Examples would include dry cleaning, watch or clock repair, and possibly a parking garage.<\/p>\n

The insurance coverage that protects the business charge with the tempory care custody and control of client property is known as Bailee Coverage<\/a>.\u00a0 It is sometimes referred\u00a0to as Bailee’s Coverage and also Bailee Liability Coverage.<\/p>\n

Associated terms and phrases:<\/strong>\r\nBailor<\/em><\/a>\r\nCare, Custody, and Control<\/em>\r\nBailee Coverage<\/em><\/a><\/pre>\n
Bailee vs Bailor<\/p>\n
Bailee is the party that is temporarily entrusted with the belongings and has no ownership\"Return<\/a><\/p>\n
Bailor<\/a> is the part with ownership interest that has left their\u00a0property in the care, custody, and control of another where certain business services are provided.<\/p>\n
 <\/p>\n
 <\/p>\n
<\/div>\n
<\/div>\n
<\/div>\n
<\/div>\n
<\/div>\n
\"copyrighted<\/div>\n","protected":false},"excerpt":{"rendered":"
\u00a0   Anyone (person or entity) that has temporary custody of the belongings of others.\u00a0 This is normally associated with businesses that are performing a service.\u00a0 Examples would include dry cleaning, watch or clock repair, and possibly a parking garage. The insurance coverage that protects the business charge with the tempory care custody and control […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[294],"tags":[300,301,302,309,310,299,303,314],"class_list":["post-369","post","type-post","status-publish","format-standard","hentry","category-insurance-terminology","tag-bailee","tag-bailee-coverage","tag-bailees-coverage","tag-insurance-for-ky-cleaners","tag-insurance-for-ky-repair-shops","tag-insurance-term","tag-insurance-word","tag-ky-bailee-insurance"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/posts\/369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/comments?post=369"}],"version-history":[{"count":7,"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/posts\/369\/revisions"}],"predecessor-version":[{"id":385,"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/posts\/369\/revisions\/385"}],"wp:attachment":[{"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/media?parent=369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/categories?post=369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/tags?post=369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}