What is typically not a requirement for effective Installation Floater coverage?

In the context of Installation Floater coverage, one of the key elements is that the property must be on the job site for coverage to apply. This type of insurance is specifically designed to protect property in transit and while it is being installed, which means that the property needs to be physically present at the location where the installation is taking place.

The requirement that details of transit to the job site must be specified is also crucial as it provides clarity on the circumstances under which coverage is effective. Additionally, insurance that commences upon the initiation of transit emphasizes that the coverage is meant to protect the item during its journey to its ultimate destination.

However, the idea that the property must be accepted by the client is not typically a prerequisite for Installation Floater coverage to be effective. The essence of the coverage is to protect the property while it is not yet in use or accepted by the end user, highlighting that the transition from being a transported item to an accepted installation is not a requirement for the insurance to be in force. Thus, this option stands out as not being a standard requirement for securing effective coverage under an Installation Floater.