What does the Personal Articles Floater cover?

What does the Personal Articles Floater cover?

• A. All of the insured's scheduled personal property, worldwide, on an all-risk basis
• B. Only property at the insured's residence
• C. Only specified items with limited coverage
• D. Only valuables like jewelry and watches

Answer: (A)

Personal Articles Floater provides all-risk, worldwide coverage for items you schedule and value individually. It’s used to insure high‑value possessions—like jewelry, cameras, furs, musical instruments, or fine arts—that may exceed what a standard homeowners policy will cover. You list each item with a specific limit, and the policy protects those items anywhere in the world, subject to the exclusions of the policy. In short, it covers scheduled personal property worldwide on an open-perils basis.

Personal Articles Floater provides all-risk, worldwide coverage for items you schedule and value individually. It’s used to insure high‑value possessions—like jewelry, cameras, furs, musical instruments, or fine arts—that may exceed what a standard homeowners policy will cover. You list each item with a specific limit, and the policy protects those items anywhere in the world, subject to the exclusions of the policy. In short, it covers scheduled personal property worldwide on an open-perils basis.