Which type of endorsement covers loss due to threats of bodily harm or damage to premises?

The extortion endorsement is specifically designed to provide coverage for losses that occur as a result of threats, particularly threats of bodily harm or damage to property. This type of endorsement is important for businesses that may face such risks, as it offers financial protection in scenarios where criminals attempt to coerce a business into paying a ransom or complying with demands to avoid harm.

This endorsement typically covers various costs related to an extortion event, including ransom payments, losses incurred during the incident, and possibly costs for hiring security or crisis management experts. It ensures that a business can respond proactively during an extortion scenario without bearing a complete financial burden.

In contrast, the other endorsements listed focus on different types of coverage. The clients' property endorsement is geared toward protecting property belonging to clients that might be in the care of a business. The guests' property endorsement provides coverage for items owned by guests while on your premises, and the safe depository endorsement protects items stored in a safe location. None of these options cater to the specific risk involved with extortion threats, which is why the extortion endorsement is the most suitable answer for this question.