Which of the following is an exclusion in a Commercial Crime policy?

In a Commercial Crime policy, exclusions are specific situations or types of loss that are not covered by the policy. The correct answer identifies an exclusion that is critical to understand when considering the scope of coverage provided by a Commercial Crime policy.

The theft of money or securities in the care of a messenger is specifically covered under most Commercial Crime policies, as the intent of such policies is to protect against loss of funds or valuable property while it is in transit or in the care of trusted individuals. Therefore, this choice is not an exclusion, but rather a covered scenario.

The other options reflect types of exclusions commonly found in Commercial Crime policies. Indirect losses typically refer to secondary losses resulting from a primary incident, and these are usually not covered. Seizure by government authority captures situations where authorities take possession of property, which is often excluded due to the reasoning that businesses cannot control such actions. Additionally, theft or dishonest acts committed by the insured themselves are generally excluded to prevent fraudulent claims against the insurer.

Understanding these nuances helps clarify the coverage limitations and ensures that policyholders are aware of the specific risks that remain unprotected under a Commercial Crime policy.