Theft coverage under BOP is limited to $2,500 for certain items. Which item must be at least $100 in value to be covered?

Theft coverage under BOP is limited to $2,500 for certain items. Which item must be at least $100 in value to be covered?

• A. Jewelry
• B. Furs
• C. Patterns
• D. Dies

Answer: (A)

The key idea is that theft coverage under a BOP includes a sublimit of $2,500 for certain valuable items, and each of those items must have a value of at least $100 to be eligible for that coverage. Jewelry is one of those items that fall under this theft sublimit, so a piece of jewelry must be valued at $100 or more to be covered under this limit. If a jewelry item is worth less than $100, it wouldn’t be included in the theft coverage under the BOP’s $2,500 sublimit, and you’d need additional coverage or scheduling for it. The same $100-per-item threshold applies to other listed categories (furs, patterns, dies), but jewelry is the typical example highlighted for this rule.

The key idea is that theft coverage under a BOP includes a sublimit of $2,500 for certain valuable items, and each of those items must have a value of at least $100 to be eligible for that coverage. Jewelry is one of those items that fall under this theft sublimit, so a piece of jewelry must be valued at $100 or more to be covered under this limit. If a jewelry item is worth less than $100, it wouldn’t be included in the theft coverage under the BOP’s $2,500 sublimit, and you’d need additional coverage or scheduling for it. The same $100-per-item threshold applies to other listed categories (furs, patterns, dies), but jewelry is the typical example highlighted for this rule.