Our Policies
Policy for Museums, Private or Public Collections, Church Organisations, Foundations and Banks
Who we cater for
The policy is aimed at all organisations, whether public or private, that wish to insure their art collection.
What risks are covered
The policy is an All Risks policy, meaning it covers any possible risk except for the exclusions expressly listed in the policy wording.
What value
The value attributed to the works may be defined in the policy as an accepted valuation or as a declared value, as per the definitions.
Accepted valuation: the insurer and the insured agree on the value of the works prior to taking out the policy, usually based on an expert valuation.
Declared value: the policyholder declares the value they consider appropriate for the works, being aware that, in the event of a claim, the value is subject to expert verification.
Accepted valuation: the insurer and the insured agree on the value of the works prior to taking out the policy, usually based on an expert valuation.
Declared value: the policyholder declares the value they consider appropriate for the works, being aware that, in the event of a claim, the value is subject to expert verification.