Fine Art/Manuscripts/Maps and Musical Instruments

Many of our Members have large collections of valuable Art, Antiquities Books, Maps and Musical Instruments. Although UMAL can provide limited cover for these collections, the cover and services provided by specialist Art Insurers may be more appropriate. We can provide access to a number of Insurers and market wide facilities.

What Fine Art can include:

“All risks” of physical loss or damage
A Bespoke basis of valuation
Depreciation following partial loss
Costs of repair and restoration
Worldwide transit and premises risks
Loans

Bespoke coverages and innovative solutions are offered that meet specific insurance needs. This can include additional coverages not readily available in the market, including:

Cover for legal costs and loss when an object’s provenance or title is disputed
Costs of restoring historically or culturally significant objects which may be in excess of the market value of the work
Contingency cover for when you need an umbrella coverage in case your insurance does not respond
Automatic cover for new acquisitions to a collection
Cover for the costs of cancelling an exhibition, or art fair cancellation fees
Protection for digital artwork

What Musical Instruments Covers can include;

Accidental damage & theft
Worldwide Cover (Includes in transit and when touring)
Emergency Hire Cost – Up to 25% of your sum insured can be used for emergency hire costs
Loans
Hired/Borrowed equipment cover
Low standard excess

Working with an exclusive network of specialist providers, HMSL offers Members access to specialist insurance policies, adding vital protection where needed or complementing the cover provided by their UMAL policy. This ensures our Members enjoy the widest and most appropriate protection available for their assets and liabilities.

Find out more about our other covers here >>

For further details or to discuss your requirements please contact:

Vassos Costas
Property Underwriter

underwriting@umal.co.uk
Tel: 0207 847 8683