Policy Structure & ProvisionsPregunta 467 de 474
A dry cleaner ruins a customer's coat. Under the no benefit to bailee condition, the cleaner:
a.Cannot use the customer's insurance
b.May file the claim as a loss payee
c.Becomes an insured under that policy
d.Shares the loss with the insurer evenly
Explicación
The condition states that the insurance gives no benefit to any person or organization holding, storing or moving the property for a fee. So the insurer may pay its own insured for the coat and then subrogate against the cleaner, whose own liability coverage is meant to answer for the damage. Treating a bailee as an insured or a loss payee would let the responsible party hide behind the customer's policy.
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