Which of the following terms relates to the secondary nature of crime policies?

The term that relates to the secondary nature of crime policies is primarily associated with excess insurance. In the context of insurance terminology, excess insurance provides additional coverage beyond the limits of the primary insurance policy. This means that the excess policy would only kick in after the primary coverage has been exhausted.

In crime insurance specifically, many policies can be structured to provide excess coverage, which serves a secondary role to any primary crime insurance policies in place. By being secondary or excess, these policies come into play only when the limits of the primary policy are surpassed, thus expanding the overall protection available to the insured against losses due to crime.

Pro-rata coverage typically involves a cancellation of a policy and a return premium calculation based on the proportion of time coverage was in place, which does not relate to the secondary nature of crime policies. Primary coverage indicates coverage that faces losses first, not second. The mention of both policies having different terms doesn't necessarily correlate to the secondary nature of crime policies, but rather could apply to any insurance policies being compared.

Therefore, the linkage between excess insurance and the secondary nature of crime policies illustrates the additional layer of coverage that comes into play after other coverages have been utilized.