personal effects floater
Insurance designed for tourists who desire worldwide coverage on their personal
effects, which refers to transportable property of the type carried by tourists
or travelers. This all risks coverage is sometimes procured by people who travel
extensively in their motor homes and who do not have homeowners coverage. Since
the personal property coverage in homeowners policies has been expanded in recent
decades, personal effects floaters are not as commonly used today as they once
were.
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PRMI 15.F