Property Not Covered Includes Phone Cards?

Accounts, bills, currency, deeds, food stamps or other evidences of debt, money, notes or securities. are listed as property not covered. Are phone cards, held for sale, considered evidences of debt?

Virgin Islands Subscriber

It depends on whether the phone cards were activated and usable. If the phone cards are the type that a clerk must activate before they can be used, then these are evidences of debt by the phone services provider to the card purchaser. However, if they are not activated and cannot be used by anyone until they are activated, then they have no real value other than the value of the physical cards themselves. In that case, the cards themselves would not fall into this property not covered category and could be considered business personal property.