Who can purchase Art Insurance?

Art insurance can be bought by anyone who has insurable interest in the piece of art such as a sculpture, painting, or a print. Insurable interest of the insurance buyer simply means that as a consequence of damage to the insured art, the person paying for the insurance will suffer a monetary loss. Insurable interest […]

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What is not covered under Art Insurance?

Art insurance secures the most precious work created by an artist against financial damage. The coverage is applicable for all of the insured perils or risks. The following risks are not covered in art insurance: Art insurance does not cover loss to the insured article due to the aging of its intrinsic material. Loss to […]

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