What term describes loss of money and securities outside the premises while in care of a messenger or armored car service?

The term that describes loss of money and securities outside the premises while under the care of a messenger or armored car service is known as Outside the Premises Coverage. This type of coverage is specifically designed to protect against losses that occur when valuables are transported away from the insured's premises.

This coverage includes incidents occurring while in transit, therefore safeguarding against risks such as theft, loss, or damage to the items being transported. It ensures that businesses are protected from the financial impact of such losses when their assets are outside their secured locations.

Other types of coverage, such as Safe Transportation Coverage and Theft Protection Coverage, focus on different aspects or types of risks. Safe Transportation typically refers to the secured transport methods rather than the coverage specifics for losses, while Theft Protection might only provide coverage for losses due to theft rather than all risks. Robbery Coverage, on the other hand, pertains specifically to incidents where physical force or intimidation is involved, which may not encompass all forms of loss while in transit.