Question

What is the loss insured against in the case of theft of jewelry, watches, furs, precious or semi-precious stones?

1) Theft of jewelry, watches, furs, precious or semi-precious stones
2) Loss by theft of jewelry, watches, furs, precious or semi-precious stones
3) Insurance coverage for theft of jewelry, watches, furs, precious or semi-precious stones
4) Compensation for loss of jewelry, watches, furs, precious or semi-precious stones

Answer 1

The correct answer is option 2, which indicates that the loss insured against is the loss incurred due to theft of jewelry, watches, furs, precious or semi-precious stones.

Step-by-step explanation:

The loss insured against in the case of theft of jewelry, watches, furs, precious or semi-precious stones is the loss incurred due to the actual act of stealing these items. The correct answer is option 2) Loss by theft of jewelry, watches, furs, precious or semi-precious stones. Insurance policies typically cover such losses but may have specific limits and conditions that determine the amount of compensation.

It's important to review your insurance policy to understand the coverage limits and to purchase additional insurance if the value of such items exceeds the standard coverage.

The loss insured against in the case of theft of jewelry, watches, furs, precious or semi-precious stones is Loss by theft of jewelry, watches, furs, precious or semi-precious stones. Insurance coverage is provided to compensate for the loss of these valuable items.