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Property & Casualty Exam Prep 25, Personal Articles, Inland Marine, and Floaters
Published 1 month, 4 weeks ago
Description
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- Why Inland Marine insurance exists to cover movable property, filling a gap left by standard fixed-location policies.
- How a Personal Articles Floater provides broad, open-peril coverage for scheduled valuables like jewelry and cameras.
- The distinction between personal floaters and commercial floaters, such as a Contractor's Equipment Floater.
- What transit coverage is and how it protects property being transported from one location to another.
- The definition of a bailee and how a Bailee's Customer Policy covers customer goods in their temporary possession.