How is Robbery and hold up defined in a legal contract?
- Robbery and hold up means that insured items are either taken away or surrendered; in both instances, this is due to force, threats or signs of physical violence made against an insured party, people living with the insured party in the same household, or other persons authorised to be on the insured party’s property.
Seen in 37 SEC filings - Robbery and hold up means that insured items are either taken away, or their surrender is obtained by force, threats, or threat of physical violence against the policyholder, or persons living with the policyholder in a common household, or other persons authorized to be on the insured premise.
Seen in 1 SEC filing
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Robbery and hold up means insured items are taken away or surrendered due to force, threats or physical violence against authorized residents/visitors on the insured’s property.
Relevant Contract Types
Relevant Circumstances
- Items stored within a leased property
- Rented equipment or vehicles
- Valuable property stored within a business or domestic premises
Relevant Sectors
Robbery and hold up means insured items are taken away or surrendered due to force, threats or physical violence against authorized residents/visitors on the insured's property
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