What type of endorsement would protect a bank from legal liability for burglary or damage to customers' belongings in a safe deposit box?

The correct answer is that a safe depository endorsement provides specific coverage for a bank's liability concerning the items stored in safe deposit boxes. This endorsement is designed to protect financial institutions from the legal consequences arising from situations such as burglary, theft, or damage to customers' personal belongings stored in these boxes.

When customers rent a safe deposit box, they trust the bank to safeguard their sensitive and valuable items. If an incident occurs—such as theft or accidental damage—the bank could be held liable if it does not have the appropriate coverage in place. The safe depository endorsement serves to help mitigate this risk by specifically addressing the liabilities associated with holding customers' valuables.

The other options may address different aspects of insurance. For instance, crime insurance generally covers theft and other criminal acts, but it wouldn't specifically cover the legal liabilities associated with the damages or losses of customers' belongings in safe deposit boxes. Property coverage typically deals with the bank's own physical assets rather than liabilities involving customer property. General liability insurance covers a broad range of potential liabilities, but again, it might not specifically focus on the unique risks associated with safe deposit boxes in the same way that a safe depository endorsement does.