• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Facebook
  • LinkedIn
  • Twitter

(07) 3139 3900

Business Insurance Specialists Pty Ltd Logo

Business Insurance Specialists Pty Ltd

Business Insurance Specialists Pty Ltd is a business insurance broker providing insurance and risk advice to individuals, families, small business and corporate.

  • Home
  • Products
    • Business Insurance Package
    • Construction Works
    • Commercial Property Owner
    • Corporate Travel
    • Crop Insurance
    • Cyber Insurance
    • Directors and Officers Liability
    • Farm Insurance
    • Home and Contents
    • Industrial Special Risks (ISR)
    • IT Liability
    • Management Liability
    • Marine Transit
    • Medical Malpractice
    • Personal Accident
    • Plant and Equipment
    • Prestige Motor
    • Product Recall
    • Professional Indemnity
    • Public and Product Liability
    • Residential Landlord
    • Strata Title
    • Trade Credit
    • Workers Compensation
  • Industries
    • Manufacturing
    • Building and Construction
    • Corporate
    • Engineering
    • Real Estate
  • Make a Claim
  • Pay an Invoice
  • Blog
  • Contact

Fine Art Insurance

Contact Us
Fine Art and Valuables Quote

Fine Art and Collectable Assets Insurance

At Business Insurance Specialists, we are familiar with the various types of collections, including Fine Art, Jewellery and Wine. We appreciate the need to obtain comprehensive cover.

We are familiar with Fine Art insurance options in wordings and available in the marketplace. Benefits include:

  • Defective Title
  • Market Appreciation
  • Incomplete or Work in Progress Fine Art cover
     

Whether your highly valued personal property is kept in a vault, in storage, or at home, we can assist.

SMSF Insurance Requirements for Artwork

When insuring valuable items that are investments for retirement and not present-day use through your Self Managed Super Fund (SMSF), such as Fine Art, Paintings, Sculptures, Jewellery or wine, there are some minimum ATO requirements.  These requirements include the assets cannot be

  • Leased to a related party
  • Used by a related party
  • Stored or displayed in a private residence of a related party

A full definition of collectables is found on the ATO website, with the stated insurance requirements for an SMSF quite strict.

Rules include:

  1. The fund must insure the assets in the name of the fund within seven days of purchase.
  2. For example, you cannot protect the assets under your standard home and contents insurance.
     

A proper SMSF Fine Art insurance policy can provide coverage for Fire, Damage and Theft, and transit.  With some Artwork, such as paintings, being as expensive as an average person’s house, it makes sense to obtain a broad level of cover.

To obtain a competitive costing for coverage, please complete our on-line Fine Arts form or call us on 07 3139 3900.

Primary Sidebar

HAVE A QUERY

  • Quick Contact Form
  • Chat online
  • (07) 3139 3900

REQUEST A QUOTE

  • Fine Arts and Valuables

RELATED PRODUCTS

  • Home and Contents
  • Private Motor Vehicle
  • Boat / Pleasurecraft

Footer

BUSINESS INSURANCE SPECIALISTS

  • Blog
  • Vehicle Underwriting
  • Contract Review
  • Sum Insured Calculators
  • Industries
  • Media
  • Insurance Terms
  • Insurance Quotes
  • Policy Types
  • Privacy Policy
  • FSG
  • Complaints
  • Uninsured Risk Review
  • NSW Stamp Duty
  • Information Sheets
  • Restoration and Make-Safe Providers

QUICK LINKS

  • Business Insurance Package
  • Construction Works
  • Crop Insurance
  • Farm Insurance
  • Liability Insurance
  • Prestige Home
  • Prestige Motor
  • Professional Indemnity

Copyright © 2022 Business Insurance Specialists Pty Ltd