We understand the years you've invested to manage your collection. With experience insuring some of the world's largest and finest collections, we can help cover the collections you cherish the most and you can rest in the knowledge that your possessions are covered.
Chubb Collections Insurance Highlights
- Individualised coverage
We offer flexible, worldwide coverage options to meet your unique needs and cover most causes of loss with no deductible. Cover an entire collection with blanket coverage, itemise your individual pieces, or do both. It’s up to you.
- Optional Cash Settlement*
In the unfortunate event a valuable item is irreparably damaged or lost, you can choose to take cash up to the sum insured rather that replacing if it suits you better.
- Agreed Value Feature*
We’ll work with you upfront to determine the value of your items. Then, for covered total losses, we’ll make sure you’ll get 100% of the agreed value as a cash settlement.
- Paying market value*
In certain cases, we’ll pay more than the amount itemised on your policy to account for increases in market value.
*These benefits are not included in all Chubb policies. Speak to your insurance broker to find out which product is right for you.
Chubb Collections Insurance Exclusions
Some of the primary exclusions include loss to collections caused by:
- Cleaning, repairing, refinishing, altering, restoring, reframing, retouching or being worked on.
- Fading, creasing, denting, scratching, tearing, thinning, colour transfer, dampness, change in temperature, or temperature extremes.
- Stealing, theft or other misappropriation where directed by someone covered under the policy.
- Wear & tear, gradual deterioration, rust and corrosion.
The above represents a selection of Chubb's personal lines highlights and exclusions. For the full list of policy exclusions for each product, refer to the relevant policy wordings and product disclosure statements.
Have questions regarding covering your collections? Contact a broker to get a quote.
This content is brought to you by Chubb Insurance Australia Limited (“Chubb”) as a convenience to readers and is not intended to constitute advice (professional or otherwise) or recommendations upon which a reader may rely. Any references to insurance cover are general in nature only and may not suit your particular circumstances. Chubb does not take into account your personal objectives, financial situation or needs and any insurance cover referred to is subject to the terms, conditions and exclusions set out in the relevant policy wording. Please obtain and read carefully the relevant insurance policy before deciding to acquire any insurance product. A policy wording can be obtained at www.chubb.com/au, through your broker or by contacting any of the Chubb offices. Chubb makes no warranty or guarantee about the accuracy, completeness, or adequacy of the content. Readers relying on any content do so at their own risk. It is the responsibility of the reader to evaluate the quality and accuracy of the content. Reference in this content (if any) to any specific commercial product, process, or service, and links from this content to other third party websites, do not constitute or imply an endorsement or recommendation by Chubb and shall not be used for advertising or service/product endorsement purposes. ©2020 Chubb Insurance Australia Limited ABN: 23 001 642 020 AFSL: 239687. Chubb®, its logos, and Chubb.Insured.SM are protected trademarks of Chubb.
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