Lately, I have been receiving requests to insure living trust assets that are at various family members homes.
Usually, I write a one-shot transit policy from the parents home to the new locations. I have been able to insure the Art collection maintaining the control of ownership.
Most Insurance policies exclude or limit property of others in the Care, Custody, and Control of the Named Insured.
By working with the variables, I satisfy estate attorneys concern of not properly covering these assets while they are still in trust or in preparation to be gifted.
I have been working with many artists who have opportunities to exhibit in venues where the venue only offers the space but not the Insurance for the Art installed.
Many times as I interview these Artists, I find out the Artwork limits requested and the time period required will trigger the policy minimum premium of $1,000.
Being that I care about artists and the expenses they go through I explain for the same cost, Insurance is available to cover Artwork in the studio, in storage, while in transit and while the Art is at exhibitions.
Call me at 1.800.921.1008 to find out how you can protect your artwork or fill out the artist application here at www.artinsurancenow.com
William G. Fleischer CIC
Bernard Fleischer & Sons
Insuring Art, Art Gallery, Art Dealer, Artist and the Art world needs
