The Fine Art insurance policy covers accidental loss or damage to:
- Paintings
- Sculpture
- Installations
- Collectables
Fine Art Items can be covered whilst on display, during storage or during their transit from one location to another.
This policy is suitable for:
- Private collectors
- Corporate collectors
- Art galleries
- Art exhibitors
- Museums
Risks Covered
The policy provides All Risks insurance including cover for accidental damage and items temporarily removed from the collector’s premises, depreciation and defective title, pairs and sets, automatic cover for new acquisitions and emergency evacuation of the collection.
Major Exclusions
- Unexplained losses
- War, terrorism and sabotage
Period of Insurance
The coverage is usually provided for a period of one year however short period covers can be provided for exhibitions.
Deductible
The policy may have a monetary deductible.
Presale and After Sale Services
We have a professional and experienced team of underwriters who can assist you:
- in the proper understanding of insurance’s coverage
- in answering your queries
- in advising you on the information required by underwriters to quote terms
- in completing the proposal form if applicable
- in advising you on covers to meet your requirements
You must alert us of any accident that may lead to a claim covered under the policy, and our team of experts will assist you in the quick settlement of the claim.
Premium Rate
Premium rates are based on the basis of the proposal form completed by the client.
Important Information
Please note that for the easy understanding of the insurance policy, we have highlighted the important aspects. We will be glad to receive your queries and discuss the full set of policy terms, conditions and exclusions.
Call us as soon as possible, in case of an accident, and our team of experts will guide you through the claim process. For more information, please contact Nasco Gulf at +971 4 351 8610