Our Policies
Insurance Policy for Galleries, Antiquities Dealers, Art Dealers and Auction Houses
Our policy insures everything traded on the art market.
What risks are covered
As always, the policy is an All Risks policy and therefore covers any possible risk, with the exception of the exclusions expressly listed in the policy wording.
For what value
The market value attributed to the items at the time of taking out the policy is determined on the basis of the insured's declaration (declared value). Where appropriate documentation is provided, cover may be provided on an "accepted valuation" basis.
Policy structure
The policy can have a flexible structure and is divided into various modules that may cover:
- Stock held at the shop/workshop
- Transport, with the option of automatic cover within certain value and geographical limits
- Stock held at locations other than the original premises, for example during exhibitions
Generally, the policy allows the total value present in the shop/workshop to be insured, but it is possible, in specific circumstances and for certain periods, to specifically update the cover should the value to be insured present in the shop/workshop exceed that originally established.
- Stock held at the shop/workshop
- Transport, with the option of automatic cover within certain value and geographical limits
- Stock held at locations other than the original premises, for example during exhibitions
Generally, the policy allows the total value present in the shop/workshop to be insured, but it is possible, in specific circumstances and for certain periods, to specifically update the cover should the value to be insured present in the shop/workshop exceed that originally established.