Fine Arts & Collectibles
Fine Arts & Collectibles are valuable asstes for its owner and such masterpieces deserves extra protection. Fine Arts & Collectibles Insurance is a specialised insurance to provide critical financial protection for collectors in the event that an art investment is lost, stolen or damaged. Fine Arts & antique dealers are exposed to unusual risks like theft, good damaged in transit and many more. Such risks requires specialised tailor made insurance protection cover with ability to provide valuation of such antiques, specialised security & fire prevention consultancy and assistance in planning specialised art collection services involving transportation, storage and conservation.
We, at Vitality Insurance, understands your passion for fine arts and collectibles s well as the desire for expert service, responsiveness, and confidentiality. As such, we deliver the highest standard of professionalism and expertise to our clients. We can assist with various insurance options and take the guesswork out of choosing the best coverage. Our Insurance solutions are tailored to each risk and aim to provide you the maximum protection.
It is important to know the financial worth of your collection. Insurance companies have specialised art appraisers to determine the replacement value – not the purchase value – of your collection to ensure that you have adequate coverage.
Best Fine Arts Insurance covers provide you the choice to undertake a repair, seek a replacement for the pair and set or go for an outright settlement of the loss of the collection.
Some insurance policies also cover transportation of the art piece from one place to another in India and storage of the artwork within the specified geographical or territorial limits for business or professional purpose.
Many times collection goes through repairable partial damage. In spite of best restoration services, it losses its market value.
Few collections are complete in pairs and a loss of one of the set pieces can lead to complete loss of market value. Insurance cover should provide protection for pair and set loss with total indemnification option.
Fine Arts & Collectible Insurance also rovides you an option to negotiate automatic cover for any new collection to ensure its risk free transit and loss indemnity.