Ace the Florida Insurance Licensing Test 2026 – Secure Your Success and Insure Your Future!

A personal articles floater on an 'all risks' basis would generally cover accidental damage or loss to valuable items such as jewelry, fine art, and collectibles. However, in the case of insects destroying a postage stamp, the damage is not caused by an accidental event but rather a natural occurrence. Therefore, it would not be covered under a personal articles floater on an 'all risks' basis. Option B is incorrect because it specifically mentions theft, which is typically covered under this type of insurance. Option C is also incorrect as it describes accidental damage to a valuable item, which would be covered under the policy. Option D is incorrect as it includes all of the above options, which are not all excluded under a personal articles floater on an 'all risks' basis.