Exploring the art insurance implications of COVID-19
The Association of Women in the Arts (AWITA) recently called on the expertise of Hallett Independent’s Managing Director Adam Prideaux, to talk about the art insurance implications of COVID-19 in their latest online discussion.
At a time when art venues and events couldn’t be facing a more challenging set of circumstances and largely remain closed, Adam covers a broad range of insurance areas including business interruption and unoccupied premises.
“These insurances [business interruption] were primarily arranged to protect businesses affected by physical damage such as a fire or flood to help keep the business going. They’re not designed to meet the macro economic effects caused by a global pandemic. That said some policies may include cover for business interruption resulting from what we call a restriction in access to your premises – restricted access cover.”
To benefit from Adam’s full advice and some money saving tips around unoccupied premises watch the webinar below.