Other Than Life (OTL) Practice Exam 2025 – 400 Free Practice Questions to Pass the Exam

The option indicating 'Jeweller's block' is the best choice for protecting Mr. Smith when taking jewellery home and being held up. This type of insurance policy is specifically designed to cover the loss of jewellery while in transit or at different locations, including personal scenarios such as being held up or robbed. It provides protection against theft and other risks that could occur when handling valuable items.

In contrast, while an equipment floater might cover equipment used in a business, it likely wouldn’t specifically cater to the nuances of jewellery theft during transport. A jeweller's certificate typically serves as an appraisal document to prove the value of the jewellery, which does not provide insurance coverage. The small retail business package would generally not include specific coverage for jewellery in transit or outside the business premises, making it less suitable for this particular situation.