Answer: True
Step-by-step explanation:
The statement that It is possible to insure a pet, a body part, and jewelry is true. It should be noted that a standard homeowners policy consist of the coverage for precious items which includes watches, jewelry etc.
Also, it is possible to insure ones pet. People usually insure their dogs and cats. Also, celebrities usually insure their body parts. For example, Rihanna once insure he legs and Mikey Cyrus insure her tongue as well.