KRS 304.5-060: "Surety insurance" defined.
Where this section sits in the code
"Surety insurance" includes:
(1) Fidelity insurance, which is insurance guaranteeing the fidelity of persons holding
positions of public or private trust.
(2) Insurance guaranteeing the performance of contracts, other than insurance policies,
and guaranteeing and executing bonds, undertakings, and contracts of suretyship.
(3) Insurance indemnifying banks, bankers, brokers, financial or moneyed corporations
or associations against loss, resulting from any cause, of bills of exchange, notes,
bonds, securities, evidences of debt, deeds, mor tgages, warehouse receipts or other
valuable papers, documents, money, precious metals and articles made therefrom,
jewelry, watches, gems, precious and semiprecious stones, including any loss while
the same are being transported in armored motor vehicles, or by messenger, but not
including any other risks of transportation or navigation; also insurance against loss
or damage to such an insured's premises or to his furnishings, fixtures, equipment,
safes and vaults therein, caused by burglary, robbery, thef t, vandalism or malicious
mischief, or any attempt thereat.
Collected 2026-09-05T20:57:38Z. Source file · JSON