All of the following are characteristics of inland marine floater policies EXCEPT

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Quizplus · Accepted Answer

Inland marine floater policies are designed to cover personal property that is often on the move, such as jewelry, fine arts, and mobile equipment. As such, these policies typically provide broader coverage than standard property insurance policies. The coverage can be customized to the specific type of property insured, and the amount of insurance can be selected by the purchaser. However, coverage is not limited to a specific location, as indicated in choice B.

All of the Following Are Characteristics of Inland Marine Floater