Page 84 - Bay Union - Platinum Policy Wording
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Sec on 4 – Fine arts
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The most we will pay under this sec on for both the item concerned and legal costs is the limit stated in the schedule.
It is a condi on of this sec on that the purchase of the item must have been made a er the start date of the policy and any relevant claim in rela on to defec ve  tle is made against you during the period of insurance.
You must provide proof, to our sa sfac on, that you took all reasonable steps to check the origin of the item, par cularly if purchased from a source other than from a member of a recognised art or an que trade associa on or an auc oneer specialising in  ne art and an ques.
New acquisi ons
We will allow an automa c increase in the total sum insured up to the limit stated in the schedule to cover any items you recently purchased provided you no fy us within 30 days from the date of purchase and pay the addi onal premium as determined by us.
Transit
We will cover you against loss or damage to the collec on when in transit, up to the limit stated in the schedule, provided:
– the items are in your close personal safekeeping or that of your agents agreed by us
– the items are not le  una ended in a vehicle.
The excess stated in the schedule applies to this cover.
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Bay Union – Pla num Policy Wording – 24 October 2016


































































































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