Insurance for a committee chain of office

[Minnow2]

Hi

Our committee has a chairman's gold chain of office which is passed on to a newly elected chair each year. It was recently valued at approx €30,000 and we feel it is prudent to have it insured.

Any ideas how we can insure this as a committee when it is stored in a different house each year? We want to avoid asking the chair to add to their house insurance.

Thanks

 

[peemac]

From experience it needs to be added to the insurance of the chair as a high value item and then the club/office pays this as an expense. Well worth doing it. I had one stolen in a burglary and thankfully it was insured (€5k)

I'd also advise to take good close-up photos so that if it does get lost or stolen, someone doing a replica can create one.

Another option is to have a low cost replica made for less important occasions and only bring the main chain out for the main events and the chain held permanently at a specific location.
https://www.mmi.ie/ are the place to go for a replica.