What type of Inland Marine insurance should Anna's Rare Books purchase to cover a shipment valued over $400,000?

Inland Marine insurance often comes into play for items that are in transit or that are movable. The type of policy that would be most applicable for covering a shipment of rare books valued over $400,000 is a Pair and Set Policy. This type of insurance is designed to cover items that are part of a set or collection, such as the rare books that Anna has, which can be viewed as a collection of valuable items.

The Pair and Set Policy is particularly beneficial because it provides coverage not just for individual items but also recognizes the collective value of the set as a whole, which is crucial for items that may be more valuable together than when valued separately. Given the high value of the shipment, this policy ensures that if any part of the collection is damaged, lost, or destroyed during transit, Anna's financial loss is minimized, maintaining the integrity and value of her rare books as a complete set.

Other options like Cargo Policy, Floaters Policy, and Transit Policy serve specific functions in the realm of Inland Marine insurance, but they may not specifically cater to the intricacies of insuring valuable collections or sets in the same way that a Pair and Set Policy does. Thus, for Anna's needs, the Pair and Set Policy is the most