211 CMR, § 10.03

Current through Register 1533, October 25, 2024

Section 10.03 - Exceptions

Unless otherwise permitted, nothing in 211 CMR 10.03(1) through (4) shall be construed to permit marine or transportation policies to cover:

(1) Storage of assured's merchandise, except as provided in 211 CMR 10.00.

(2) Merchandise in course of manufacture, the property of and on the premises of the manufacturer.

(3) Furniture and fixtures and improvements and betterments to buildings.

(4) Monies or securities in safes, vaults, safety deposit vaults, bank or assured's premises, except while in the course of transportation.

211 CMR, § 10.03

Adopted by Mass Register Issue 1320, eff. 8/26/2016.