A fidelity guarantee insurance endorsement to extend the policy to cover loss from misappropriation or improper dealing with stockin-trade by the person guaranteed.
Tag: UK
Stocks and shares ISA
Individual ISAS that invest in stocks and shares. For this purpose, stocks and shares include: unit trusts; investment trusts; open ended investment companies; investments on any recognised Stock Exchange; corporate bonds; shares held in a savings-related share option scheme; and gilts.
Stop loss treaty
See: Excess Of Loss Ratio Treaty.
Storage risk
Fire insurance term in respect of warehouse storage of property in bulk. The risk depends on the nature of the goods and any increase in risk due to the way they are stored. Even nonhazardous goods may be rated-up when stored in bulk.