Inland & Ocean Marine
Which of the following is an example of INLAND marine coverage?
Answer
A personal articles floater on jewelry
A personal articles floater is 'a form of coverage designed to meet the needs for insurance on moveable property... Examples of property that can be covered include jewelry, furs, silverware and fine arts.' Maryland's nation-wide marine definition lists personal jewelry floaters as inland marine.
Source: Conn. Insurance Dept., Glossary of Insurance Terms; COMAR 31.08.06.02 ¶F(5); TDI, Commercial property insurance guide (cb021)
Not the answer
- A homeowners policy on the dwelling
- An ocean marine cargo policy
- A personal auto liability insurance policy
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