Which of the following exclusions applies to property not covered under the BPP?

The correct option identifies an exclusion in the Business Personal Property (BPP) coverage. Under BPP, certain types of property are not covered due to their nature and associated risks. Personal property while airborne is a clear example of this, as items that are not in a stationary position are often excluded from coverage due to the increased risk of damage or loss that comes from being airborne.

While furniture owned by the business, equipment used for operations, and inventory stored in a warehouse generally fall within the coverage parameters of BPP, personal property that is airborne is not considered a stable or securely stored asset. This distinction is critical in understanding the limitations and exclusions within BPP coverage, reinforcing that some types of property are simply not insurable under standard commercial policies due to inherent risks.