Fine art insurance pdf

Over the past decade the art market has become truly global. The report titled global fine art insurance market 2020 industry research report offers the most precise analysis of the fine art insurance industry for the last five years and forecast until 2025. As new audiences gain exposure to artwork and access to. Some policies contain an important buy back clause which gives. Travelers offers museums and cultural institutions customized product and service offerings.

Chubb underwriters have more than 60 years combined experience in fine art and valuable goods insurance. Coverage extends to fine art on loan to or owned by the named insured including, but not limited. A summary of fine arts coverage, exclusions, and policy information is. It is part of an overall effort undertaken by the fine arts insurance. Fine art insurance extends the limits of your homeowners or renters insurance. The amount you are required to pay as the first part of each agreed claim. Fine art insurance indoor and outdoor insurance contracts state. Most fine art policies will cover all risks, which is a slightly misguided term because there are almost always coverage exclusions.

Please complete this application and send to your representative underwriter. The time for which this policy is in force as shown in your. Fine art insurance and collectibles insurance axa xl. All are underpinned by a reputation for delivering an outstanding service for. How to use this insurance contract adobe pdf document.

One of these specialist policies is fine art insurance. Global fine art insurance market 2020 axa, chubb, allianz. Our inland marine division is a fine art market leader that provides flexible solutions for your unique needs. The global art community has been growing for the past decade, driving heightened need for specialist art insurance policies for collectors. The insurance company p rovides the actual coverage for art work and pays claims related to fine a rt losses.

We protect your cherished objects around the world and wherever theyre housed. What types of claims does your fine art insurance cover. Approval of a property insurance claim depends on two things. Fine art insurance a brief intro for brokers insurance. Our fine art insurance provides broad all risk coverage. Collectors just need a good description and photo graph of the item as well as the estimated value. Any insurance company or agent of an insurance company who knowingly provides false, incomplete, or misleading. If you have a valuable piece of artwork in your home, you likely want to protect it at all costs. This is a widely used insurance term, meaning, that all perils are covered, except what the policy specifically excludes.