What does the term "no benefit to bailee" imply?

The term "no benefit to bailee" signifies that the person or entity temporarily holding the property (the bailee) does not receive coverage or advantages under the property owner's insurance policy. This concept highlights the distinction in liability and insurance coverage between the property owner and the bailee.

When this term is involved, it indicates that while the bailee has possession of the property, they are not afforded protections or benefits under the owner's insurance; instead, the owner remains responsible for the coverage of the property. Therefore, if something happens to the property while in the bailee's care, they cannot rely on the owner's insurance for their protection.

This is crucial in understanding the responsibilities and liabilities in situations where one party is entrusted with another's belongings, emphasizing that the bailee must ensure they have their own insurance or coverage for their own legal and financial protection.