It is unlawful to use, or permit use of, a motor vehicle on a road without a third party policy or security (s.143). Minimum cover is liability for death or injury and for property damage up to £250,000 under a policy issued by an authorised insurer belonging to the Motor Insurers’ Bureau and meeting EC requirements. The policy must also cover emergency treatment. The insurer’s right to avoid an ‘Act’ claim is restricted (s.148). See ACT ONLY POLICY; CAR SHARING; MOTOR INSURANCE CERTIFICATES.

UK: Stealing by force or threat of force (Theft Act 1968, s.8).
***
The felonious taking, either by force or by fear of force, of the personal property of another, commonly known as a hold-up.
***
US: The taking of property from a person by force or threat of violence.
***
The unlawful taking of property by violence or threat of violence. According to Section 390 of the Indian Penal Code “Theft is robbery if in order to the commission o for in the committing of the theft or in carrying away or in attempting to carry away property obtained by theft, the offender, for that end, voluntarily causes (or attempts to cause) to any person death or hurt or wrongful restraint or fear of instant death or hurt or wrongful restraint. Extortion is robbery if the offender, at the time of committing the extortion, is in the presence of the person put in fear, and commits the extortion by putting that person in fear of instant death, of instant hurt, or of instant wrongful restraint to that person, or to some other person, and, by so putting in fear, induces the person so put in fear then and there to deliver up the thing extorted. (The offender is said to be present if he is sufficiently near to put the other person in fear of instant death, of instant hurt, or of instant wrongful restraint.” Refer also: “Theft.”. Refer also “Extortion”.

Covers financial institutions for direct financial losses caused by traders acting outside their authority. Unauthorised trading means trading which at the time of trade is: (a) in excess of permitted financial limits; or (b) outside of permitted product lines; or (c) not with a designated counterparty. The policy does not cover simple errors or losses caused by traders acting on behalf of third parties and that part of any loss that is deemed to have been authorised. Cover is usually arranged in conjunction with a bankers’ blanket bond.