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Insurance and Indemnity Requirements
Insurance and Indemnity Requirements
Definition
Documenting and managing the insurance needs of objects both in an organization's permanent collection and those for which it is temporarily responsible.
Requirements
- Ensure that all the objects in an organisation's care are appropriately insured within the terms
of legal and statutory requirements; - Ensure that all the objects in an organisation's care are appropriately insured within the terms
of the organisation's policy; - Ensure that all insurance policies are reviewed regularly and renewed as required;
- Ensure that current insurance liabilities are up-to-date;
- Enable indemnification of all eligible objects in the organisation's custody and while in transit;
- Ensure that the appropriate minimum liability sum or excess is available to be paid if required.
Standards, Guidelines + Use Cases
Community Design Workshop Notes
Spectrum procedure: Insurance and Indemnity
Wireframes (click to enlarge)
Schema
Insurance and Indemnity Schema