Which symbol is used for schedule coverage?

Which symbol is used for schedule coverage?

• A. Symbol 1
• B. Symbol 7
• C. Symbol 2
• D. Symbol 3

Answer: (B)

Scheduling coverage means items are listed on a schedule with specific values and terms, giving precise protection for high‑value or special-risk property. The symbol that indicates this approach on the policy forms is Symbol seven. Using this symbol signals that the property described on the declarations’ schedule is covered under its own terms and limits, separate from blanket coverage for the rest of the property. This is especially useful for valuables like jewelry, fine arts, or specialized equipment where exact valuation and limits matter. The other coverage symbols represent different ways property can be insured (blanket, open perils, etc.), rather than scheduled items, so they don’t convey the same item‑specific, scheduled protection.

Scheduling coverage means items are listed on a schedule with specific values and terms, giving precise protection for high‑value or special-risk property. The symbol that indicates this approach on the policy forms is Symbol seven. Using this symbol signals that the property described on the declarations’ schedule is covered under its own terms and limits, separate from blanket coverage for the rest of the property. This is especially useful for valuables like jewelry, fine arts, or specialized equipment where exact valuation and limits matter. The other coverage symbols represent different ways property can be insured (blanket, open perils, etc.), rather than scheduled items, so they don’t convey the same item‑specific, scheduled protection.