All Fine Arts must be reported to the Insurance Office in order to be covered under this insurance program.
University-owned Fine Arts includes paintings, rare books, coins, manuscripts, works of art, collectibles, frames, crates, cases and packing materials. Fine Arts are covered against physical loss or property damage for the amount that is declared. They are also insured in-transit to and from the University. Values can be updated at anytime the Fine Arts are re-evaluated.
Fine Arts on loan or consignment to the University are covered against physical loss or property damage while they are on University property for the amount that is declared in the loan agreement. They may also be covered in-transit to and/or from the University, depending on the loan arrangements in the contract.
PLEASE NOTE: This is a short summary of the Fine Arts insurance program. It does not include all of the conditions and exclusions that apply on this policy. If you have any questions about the insurance, please contact us [1]
Protective Safeguards - all safeguards must be maintained in working condition.
There is no deductible for this policy.
All University departments and the MacDonald Stewart Art Center for declared values.
World wide, however there is a maximum of $5 million each and every loss while at any location off campus.