AXA Art and Ecclesiastical Insurance have launched a policy, called Art & Architecture, aimed at owners of listed buildings.
The new policy, developed jointly by the two specialist insurers, is designed to protect owners of listed buildings from unanticipated costs directly related to the buildings.
Art & Architecture will cover the fabric of the building, historic fixtures and fittings, art and antiques and other contents. Each policy will take into consideration the size, condition, function and importance of the individual building.
Policyholders will be given advice on the market value of the art and antiques covered by the policy, and a specialist art and buildings surveyor will visit each property.