Copelin-Mohn, Inc. v. Buckeye Union Casualty Co.

The sole question presented for our determination is whether the loss is covered by the terms of the policy.

Item 7 of the declarations of the policy reads: “The insurance granted by this policy, including such dam-' age as is covered hereby, shall apply specifically as follows: * * * (b) Inside the chest or compartment in safe No. 1 — $500 * * V’

The pertinent portion of paragraph D of the conditions of the “Insuring Agreements” reads: “The company shall not be liable under Sections (b) or (d) of item 7 of the declarations, for the loss of property from within the chest or compartment…