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Arts and Artifacts Indemnity Program International Indemnity OMB 31350094 Exp. 1/31/2017 CODA Number: 45.201 Funding Opportunity Number: 2016FCAH02 How to Apply Please read these instructions carefully
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How to fill out arts and artifacts indemnity

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How to fill out arts and artifacts indemnity:

01
Obtain the necessary forms: Begin by getting the appropriate forms required to fill out the arts and artifacts indemnity. These forms can usually be obtained from the organization or institution that is providing the indemnity coverage.
02
Provide accurate information: Take your time to carefully fill out all the required information in the forms. Make sure to provide accurate and up-to-date details about the artwork or artifact, such as its title, artist, medium, dimensions, and any unique identifying marks.
03
Document the condition: Give an honest and detailed description of the current condition of the item. Include any existing damages, restoration work done, or fragile sections that may require special attention.
04
Provide provenance information: Provenance refers to the history of ownership and the documented authenticity of the artwork or artifact. Include any available provenance documents or information to establish the item's legitimacy and history.
05
Determine the exhibition schedule: Specify the dates and locations where the artwork or artifact will be exhibited. This information is crucial for the indemnity coverage and helps the organization assess the level of risk involved.
06
Estimate the value: Provide an estimated value of the artwork or artifact. This valuation may include market value, appraisal value, or insurance value. If necessary, consult with a professional appraiser or expert to determine the appropriate value.
07
Attach supporting documents: Gather any supporting documentation that may be required, such as photographs, certificates of authenticity, or previous insurance policies. These documents help validate the information provided and enhance the credibility of the indemnity application.

Who needs arts and artifacts indemnity:

01
Art collectors: Individuals who own valuable art collections may seek arts and artifacts indemnity to protect their investment. This insurance coverage provides financial protection against loss or damage to their artwork while on display at exhibitions or during transportation.
02
Museums and galleries: Institutions that showcase or lend artworks from their collection often require arts and artifacts indemnity. This insurance helps protect the items from potential damage or loss during loans, exhibitions, or while in transit.
03
Artists and art dealers: Artists and art dealers may also opt for arts and artifacts indemnity to safeguard their artworks. This coverage can provide financial protection against unforeseen circumstances that may lead to damage or loss of their creations.
04
Exhibition organizers: Organizers of art exhibitions or cultural events may require arts and artifacts indemnity to protect the borrowed artworks. This insurance mitigates the risk of financial liability in case of damages or loss during the duration of the exhibition.
In summary, anyone who owns, handles, or displays valuable artworks or artifacts can benefit from arts and artifacts indemnity. It provides crucial financial protection and peace of mind in case of unforeseen circumstances that could lead to damage or loss.
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