Tailored fine art and jewelry insurance plans
Mega Brokers provides tailored insurance plans in cooperation with insurance companies that specialize in insurance for fine art and jewelry. Because these require specialist knowledge and unique procedures that differ from all other insured assets.
Since rareness is an important factor when insuring fire art and jewelry, the entire approach and philosophy is completely different from any other asset’s insurance. For example, there are no replacement values, as the work of fine art or jewelry is irreplaceable, and each insured item is unique.
The value that each item is insured for its value is determined by expert valuers and consists of “the agreed value”, approved beforehand among client and the insurance company while the value is nonnegotiable, in case of damage.
Insurance for fine art and jewelry mainly addresses the following entities:
- individuals (collectors or not) that keep fine art and/or jewelry at home
- companies that maintain art collections at their offices
- private and public institutions, working on the promotion, distribution or market of fine art and jewelry