Which coverage applies when property is surrendered away from the premises due to a threat of bodily harm?

Scheduled Persons Coverage is the correct choice in this context because it specifically addresses situations where individuals are compelled to surrender property due to an immediate threat of bodily harm. This type of coverage recognizes the unique circumstances when an individual may feel forced to part with their possessions to protect their physical safety.

In contrast, the other options do not explicitly cater to this particular scenario involving the threat of bodily harm. Asset Protection Coverage generally deals with safeguarding against various types of loss for specified assets but does not focus specifically on surrendering property due to threats. Property Loss Coverage typically encompasses the loss or damage of property but doesn't address the nuances of surrendering items in a dangerous situation. Extended Coverage usually pertains to additional risks not initially covered under standard policies, which does not encompass the immediate and pressing nature of surrendering property under duress. Thus, the specificity of Scheduled Persons Coverage for this type of situation makes it the correct response.