Best Fine Arts Insurance in Singapore

Protecting the priceless — tailored insurance for your art, antiques, and collectibles.

Total
Loss Coverage
Cash
Settlements
Preferred
Restorers

Key Benefits

Agreed Value Coverage

Full payout of the agreed value for total loss or damage.

Value Appreciation

If the market value increases, we pay up to 125% of
the agreed value (subject to conditions).

Automatic Coverage

Immediate cover for new purchases within 90 days, up to 25% of the total itemized coverage.

Cash Settlements

Option for cash payout in case of irreparable damage.

Transit Insurance

Protection for your valuables while being transported or relocated.

Depreciation

Compensation for any loss in value due to damage.

Set & Pair Protection

If one item in a set is damaged or lost, the full set’s value is covered—not just the missing piece.

Theft & Damage Protection

Covers theft, accidental breakage, and damage from unforeseen events.

Protect Your Treasured Art With Extensive
Coverage From An Insurer You Can Trust

Our network of specialists ensures your fine art is secure, offering expert response to your needs. Let us safeguard the valuable pieces you’ve collected over the years.

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Transfering Your Policy

Transfer your policy to IPG for free. We'll handle renewals and answer your questions. Just write us and we'll contact you by the next working day.

Frequently Asked Questions (FAQ)

Q1: What is arts insurance, and why do I need it in Singapore?

A: Arts insurance is a specialised type of insurance designed to protect high-value and irreplaceable items, such as fine art, antiques, rare collectibles, and installations, against risks like theft, accidental damage, loss, or deterioration.

In Singapore’s growing art investment and gallery ecosystem, this insurance is essential for:

  • Collectors safeguarding private collections
  • Artists protecting their original works
  • Galleries and museums insuring exhibitions and storage
  • Art logistics providers managing transit risks

Without coverage, any loss or damage could result in significant financial and emotional loss, especially for pieces with high market or sentimental value.

A: Arts insurance policies typically cover a wide range of tangible art and cultural assets, including:

  • Paintings (oil, acrylic, watercolour)
  • Sculptures and installations
  • Antiques and heirlooms
  • Photography and digital prints
  • Rare books and manuscripts
  • Ceramics, glassware, tapestries
  • Limited-edition collectibles


Coverage can be arranged for:

  • Individually listed items with appraised values
  • Collections with grouped valuations
  • On-loan items for exhibitions
  • Works in storage or in transit


You can also get temporary or event-based coverage for special shows or auctions.

A: The insured value of artwork is usually based on:

  • Professional appraisals
  • Purchase receipts or auction results
  • Fair market valuations updated annually
  • Declared agreed values (in some cases, for newly created works)


Insurers often require:

  • detailed inventory with photos and descriptions
  • Proof of provenance and ownership
  • Condition reports before and after transit or exhibition


Maintaining current valuations is essential to avoid underinsurance and ensure full compensation in the event of loss or damage.

A: Yes. Most arts insurance policies include “wall-to-wall” coverage, meaning the insured item is protected from the time it leaves one location until it reaches another—including:

  • Transit coverage (air, sea, or road freight)
  • Exhibition and installation risks
  • Storage in temporary or third-party locations
  • Handling by art movers or curators


Coverage typically includes:

  • Accidental breakage or scratches
  • Water or fire damage during transit
  • Theft or misplacement during handling


However, terms vary by insurer, so it’s crucial to review:

  • Who is responsible during transit (owner vs shipper)
  • Whether temporary locations are declared and approved

Let’s protect what matters most to you

Even the best international student insurance plans have exclusions. Common ones
include: