A bailee is an individual who temporarily gains possession, but not ownership, of a good or other property. The bailee, who is also called a custodian, is entrusted with the possession of the good or property by another individual known as the bailor.

What does bailee coverage mean?

Bailee's customer insurance protects businesses against damage, destruction, or loss of customer property while it is in their possession. A bailee may be any person or business who has been given temporary custody of someone else's property.

What are Bailee rights?

The bailee has right to claim proportionate share in mixed goods. According to Section 155 of the Indian Contract Act, 1872, It is the duty of bailee, not to mix the goods bailed with his own goods without the consent of the bailor.