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Philadelphia Insurance Companies

Museum Trade Associations

Museum Trade Associations

Philadelphia Insurance Companies (PHLY) specializes in the museum industry. PHLY has partnered with museum trade associations across the United States. We have developed a comprehensive program that will bring museum institutions the best possible insurance coverage available in today’s marketplace at a very competitive rate. Every policy written through this program supports that member’s specific museum trade association.

Benefits of the Program

  • Abuse and Molestation Coverage available
  • Broad replacement provisions on historical buildings
  • Special Event Liability Coverage is available
  • Blanket limits with Agreed Value is available
  • Coverage is included for Guest Personal Property, Foundations, Underground Pipes, Flue and drains
  • Click here for more info regarding our Non Profit D&O product

Supplemental Applications

Documents Required for Proposal

  • Completed ACORD Applications
  • Completed and signed Philadelphia Insurance Companies Museum Supplemental Application
  • Currently valued company loss runs for this policy period plus three year's prior
  • Financial Statement
  • Schedule of Collections
  • Recent Appraisal for historic buildings and/or collections
  • Statement of Values (for blanket and/or agreed value)

All submissions and questions related to the museum trade association program should be directed to Matt Carroll via email at museum@phlyins.com. Matt can also be reached by telephone at (800) 846-9484 ext 2551.

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10 Reasons Why
 
  1. Abuse and Molestation coverage options
  2. Broad replacement provisions on historical buildings
  3. Fine Arts Coverage is available, including exhibits on display at other locations
  4. Equipment Breakdown Coverage included
  5. Liquor liability and Special Events coverage available
  6. Broad General Liability Enhancement includes coverage for $20,000 in Medical Payments, Broadened Named Insured and Mental Anguish
  7. Broad Property Enhancement form that includes but is not limited to: Historical Research Costs, Sewer and Drain Back-Up and Ordinance or Law – Demolition Cost & Increased Cost of Construction
  8. Ultimate Cover – broad proprietary property coverage form including Flood and Earthquake where available
  9. Blanket Limits with agreed value (no coinsurance) available
  10. Interest-free installments available for accounts that generate at least $2,000 in premium

 

Museums 10 Reasons Why

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