What is one of the criteria for a risk to qualify for inland marine coverage under the Nationwide Marine Definition?

Inland marine coverage is designed to protect various types of movable property and goods while they are in transit. This coverage often applies to items that are not limited to being at a fixed location. One of the key conditions for a risk to qualify for inland marine coverage under the Nationwide Marine Definition is that the property must indeed be in transit. This means that it can be transported over land, through air, or even while temporarily stored at a location that is not its final destination.

This characteristic of being in transit is fundamental to the nature of inland marine insurance, which is intended to cover the unique risks associated with the movement of goods or property. If a risk were simply at a fixed location, it would not meet the criteria for inland marine coverage, as that pertains more to traditional property insurance. The other options do not reflect the essential criteria needed for the coverage as they either specify situations that don't align with the principles of inland marine insurance or present conditions that are unrelated to the movement aspect crucial for qualifying risks.