Which item is covered under the theatrical property floater of an Inland Marine policy?

Study for the Nevada Property and Casualty Exam with multiple choice questions and detailed explanations. Ace the test and become a licensed professional!

The theatrical property floater under an Inland Marine policy is designed specifically to cover a variety of items commonly used in theatrical performances, including sets, props, costumes, and stage-related equipment. Vehicles used on stage, which may include things like cars or other transport that are integral to a performance, are typically included in this type of coverage. This is because these vehicles are essential for the production and can be considered part of the theatrical property being transported or utilized during a show.

In contrast, while admission tickets, animals, and jewelry made with precious stones may be related to theatrical productions, they do not fall under the coverage scope of the theatrical property floater. Admission tickets are considered to be more of a financial instrument and not a physical property used in the production. Animals used in performances may require specialized coverage that is separate from what's typically included in a theatrical property floater. Jewelry made with precious stones, unless specifically listed as part of a costume or stage property, also generally does not fall under the coverage umbrella of standard theatrical property under Inland Marine policies.

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