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Sunday 23rd November 2014
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How Do You Insure Priceless Items?

Question

When you go to a museum and see irreplacable items - how do they get the insurance value of priceless objects?


Answer

**Definitive**
Name: Ray, Sutton

Qualification: works in insurance

It depends on the premium you are willing to pay on it. Whenever you want to insure anything it is up to you to say what you think it is worth and when it comes to a claim you then have to prove its worth what you are claiming.