The Personal Property Floater (PPF)

question 3

Multiple Choice

The personal property floater (PPF) :

• A) provides either blanket or scheduled coverage of items that are not covered adequately in a standard homeowner's policy.
• B) is available to meet the needs of "innocent" victims of accidents who are negligently injured by uninsured, underinsured, or hit-and-run motorists.
• C) is a specialized inland marine policy covering boats and trailers used with boats.
• D) covers against liability caused by the ownership or use of items of personal property.
• E) is an additional amount of insurance equal to a specified percentage of the replacement value of the property.

---

Definitions:

Native Americans

Indigenous peoples of the United States, including numerous tribes, who were the original inhabitants of the land prior to European colonization.

Permanently Enslaved

Refers to individuals who were subjected to slavery with no possibility of freedom, historically applicable in contexts such as chattel slavery.

Indigenous People

Refers to ethnic groups who are the original inhabitants of a given region, maintaining traditions or other aspects of an early culture that is associated with a given area.

Entrepreneurial Spirit

The motivation, creativity, and willingness to take risks in starting and managing a business venture, often leading to innovation and economic growth.