For which of the following losses would a pair and set policy provide coverage?

A pair and set policy is specifically designed to provide coverage for items that are part of a set, allowing for compensation based on the value of the entire set rather than just the individual lost or damaged item. This type of policy is particularly relevant for collections or sets that have shared value and may not be easily replaceable as single pieces.

When considering breakage of a rare collection, this is where the pair and set policy proves most valuable. If one item from a collection is damaged or lost, the overall value of the collection is affected. The policy enables the insured to receive compensation that reflects the loss to the entire set, ensuring that the value of the collection as a whole is preserved.

Other options do not fit the context of the pair and set policy. Jewelry, while it can be valuable, typically does not fall into a set context unless specified; damaged furniture does not relate to a collection or set value; and shipping costs do not connect to loss or damage of physical items. Therefore, breakage of a rare collection aligns perfectly with the coverage intent of a pair and set policy, making it the correct choice.