ILAB
The ILAB Insurance Scheme is an Insurance Policy provided through Richard Thompson Insurance Brokers, which has been created specifically for members of ILAB to protect your requirements and particular needs.
The benefit of such a scheme is to generate gross insurance premium by the collective - so that as long as the scheme as a whole generates profit, your individual insurance rates will remain constant.
Why should you join the ILAB Insurance Scheme?
With the ILAB Insurance Scheme you can be sure that you have the very best insurance in place.
Lower Premiums - Insurance premiums offered to members of the Scheme are cheaper
Regulation of Premiums - as a individual you will not be penalised for making one off claims
Quality of cover - the covers written by Richard Thompson Insurance Brokers are based on 30 years experience in insuring fine art
Covers include:
- Theft cover and cover for shoplifting
- Full retail/sales price settlement
- Broad wordings for the definition of stock
- World wide book fair attendance insured
- Insurance for sending stock anywhere in the world
- Cover for stock damaged whilst being restored, rebound or worked upon
- Deletion of the average condition
- Depreciation included for loss in value to items following damage
- Pairs and sets insured at the full value of the set
- Cover for the purchase of stolen and fraudulent books where the title is defective
- Cover for losses from unattended vehicles
- Stock insured whilst at auction houses
- Books held on consignment, in trust or on commission automatically insured
- Buildings Insurance
- Business Interruption Insurance
- Money cover
- Shopfront and Glass cover
With ILAB Insurance Scheme cover you can go about all your business safe in the knowledge that insurance is in place.