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Sort out my Insurance
Accidents will happen; unfortunately, many people find out they have insufficient or incorrect insurance cover only when they have to make a claim.
A large number of organisations with collections are no different, says Adam Prideaux of Blackwall Green, insurance brokers for many national and regional art galleries and museums in the UK and Europe and a member of the Heath Lambert Group.
Adam advises all collections-holding organisations to speak to specialist brokers and insurers for a full range of options and quotes from full insurance to the bare minimum which, in the case of collections, is straightforward restoration cover. - Read the full article
Getting Started
The Museums, Libraries and Archives Council (MLA) have published a comprehensive guide to Insurance for Museums, which is applicable to a wide range of public-sector bodies with collections.
- Download Insurance for Museums (MLA) in PDF format
- Download Insurance for Museums (MLA) in MS Word format
BusinessLink guidance on General Insurance for Business
Although collections-holding organisations are likely to have specialist insurance requirements, they will also require the same kinds of indemnity as any other kind of business. The following section is reproduced with kind permission from BusinessLink and is governed by Crown Copyright.
Introduction
Insurance can protect your business against damage to, or the loss of, physical assets. The cost of insurance depends on both the insurer's assessment of the likelihood of damage and the size of any payment they may have to pay in the event of a claim.
This guide provides information on the different types of general and commercial insurances available and how to assess what types of insurance you need.
Subjects covered in this guide
- Insuring the business premises
- Contents insurance
- Specialist insurance
- Motor insurance
- Business insurance if you work from home
- Getting the right insurance cover
- Making an insurance claim
- Reducing the risk
© All material on Collections Link, copyright MDA and other National Organisations 2006, all rights reserved