Loans
Efficient solutions for the management of art loan programs
Minimize administrative burden and secure your loans with a comprehensive policy.
Loans can sometimes be laborious and complex processes. Our open loan policies offer the client an attractive alternative as an effective instrument in minimizing administrative burden, legal protection, and in the homogeneity of coverages. In this way, their loans to third parties are covered under the same policy framework, with the broadest coverages in the market and with Spanish jurisdiction.
In addition, this policy framework can offer other economic advantages for the client in the form of aid in conservation, restoration, or other cultural activities carried out by museums and foundations.
Highlights
Process simplification
Comprehensive protection
Policy framework that secures loans to third parties under the best conditions.
Additional benefits
Possibility of assistance in conservation and restoration
Coverages
The insurance for the loans includes the following clauses:
- All Risk (Nail to Nail)
- Institute Cargo Clauses (A)
- Institute Strike Clauses (Including terrorism in stay and in transport)
- Institute War Clauses
- Institute War Cancellation
- Institute Radioactive Contamination Exclusion Clause
- Depreciation clause or loss of market value
- Exemption clause for the carrier and/or organizer
- Museum and Collection Clause
- Errors and Omissions Clause
- Clause on damages for malicious acts
- Frames and Glazing Clause
- Repurchase Clause
- Currency Fluctuation Clause
- Agreed Value
- Claims settlement without deductible
Loans
How can we help you?
Contact your specialists for Loans