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What would you do in case of a major loss? Close the museum? What about damage that could be repaired, but would be costly? Just toss the object? Insurance does not necessarily cover the replacement of one object with an identical object. It also allows you to replace the object with something of similar value (especially to your mission) that allows you to continue to serve your community. In the case of an archaeological collection, for example, you might want to use the funds to pay for the cost of a new (scientific) excavation that might result in similar material. janice Janice Klein Director, Mitchell Museum of the American Indian [log in to unmask] www.mitchellmuseum.org -----Original Message----- From: Museum discussion list [mailto:[log in to unmask]]On Behalf Of Andy Dickes Sent: Tuesday, March 22, 2005 12:43 PM To: [log in to unmask] Subject: Insuring Artifacts... Hello all- I work at a museum that has about 5,000 artifacts. I am relatively new here, and in the past the museum has peen paying an insurance premium to cover the estimated worth of the collection. This does not make sense to me, since we can't buy back the artifacts if something happens. What do other museums do in terms of insurance for artifacts? Do most have some sort of insurance, but not necessarily for the entire worth of the collection, or do most just figure it's not worth it at all? Thanks in advance- Andy ========================================================= Important Subscriber Information: The Museum-L FAQ file is located at http://www.finalchapter.com/museum-l-faq/ . You may obtain detailed information about the listserv commands by sending a one line e-mail message to [log in to unmask] . The body of the message should read "help" (without the quotes). If you decide to leave Museum-L, please send a one line e-mail message to [log in to unmask] . The body of the message should read "Signoff Museum-L" (without the quotes). ========================================================= Important Subscriber Information: The Museum-L FAQ file is located at http://www.finalchapter.com/museum-l-faq/ . You may obtain detailed information about the listserv commands by sending a one line e-mail message to [log in to unmask] . The body of the message should read "help" (without the quotes). If you decide to leave Museum-L, please send a one line e-mail message to [log in to unmask] . The body of the message should read "Signoff Museum-L" (without the quotes).