Art insurance in Singapore helps protect valuable artwork, fine art, antiques, sculptures, and collectibles against theft, accidental damage, and transit risks.
Whether you are a private collector, a gallery, or a business displaying art in your office, hotel or reception area, we help you arrange the right cover for your collection.
Full payout of the agreed value for total loss or damage.
If the market value increases, we pay up to 125% of the agreed value (subject to conditions).
Immediate cover for new purchases within 90 days, up to 25% of the total itemized coverage.
Option for cash payout in case of irreparable damage.
Protection for your valuables while being transported or relocated.
Compensation for any loss in value due to damage.
If one item in a set is damaged or lost, the full set’s value is covered—not just the missing piece.
Covers theft, accidental breakage, and damage from unforeseen events.
Recently we arranged quotes for an office insuring the artwork in its headquarters, a theatre covering two donated watercolours for an exhibition, including the van ride there, and a collector insuring trading-card cases stored in a freeport vault. Different collections, same four questions from every insurer: what is it, what is it worth, where is it kept, and how does it move. If you can answer those, you are one email away from a quote. If you cannot, that is what we are for.
Exhibitions concentrate risk into a few days: works leave their usual home, travel by van or courier, hang in a new venue, and travel back. Cover can include the works on display, during setup, and in transit to and from the venue, subject to policy terms. Insurers will ask who transports the pieces and how, because the journey is often where most of the risk sits. We arrange exhibition and transit cover for galleries, institutions and private lenders.
Collections today go far beyond paintings: trading cards, watches, wine, rare books and memorabilia can all be insured. What insurers look for is an inventory with values, how the collection is stored, and documentation such as receipts or gradings. Items kept in professional storage or a freeport vault can often be covered on terms that reflect the added security, depending on the policy.
Businesses often insure artwork displayed in offices, hotels, restaurants and reception areas. Corporate pieces face different risks from a private home: more visitors, renovations, relocations and higher public traffic. A standard office contents policy may not cover art adequately, so a separate art schedule or policy is worth reviewing. We arrange cover for corporate collections of every size, from a single lobby commission to a full headquarters collection.
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.
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.
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:
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:
Coverage can be arranged for:
You can also get temporary or event-based coverage for special shows or auctions.
A: The insured value of artwork is usually based on:
Insurers often require:
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:
Coverage typically includes:
However, terms vary by insurer, so it’s crucial to review:
A: Premiums are usually calculated as a percentage of the insured value per year. The rate depends on what you are insuring, the total value, where the pieces are kept, security measures, and whether they travel or go on exhibition. A collection kept in one location generally costs less to insure than works that move between shows. Every policy is priced individually, subject to underwriting and insurer terms, so the fastest way to get a real number is to request a quote. We usually respond within 24 hours.
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