There’s a new insurance program specifically for collectors of sports card and memorabilia collectors in Canada.
NFP, a property and casualty broker that also offers wealth and retirement planning, has launched the plan through a partnership with Berkley Asset Protection. It offers coverage for high-value sports cards and other memorabilia often not covered by homeowners protection policies. Berkley Asset Protection delivers a portfolio of specialized insurance products and services that insure high-value assets.
“NFP’s team of personal risk experts can now provide Canadian card enthusiasts with the coverage they need from the moment they make a significant card purchase,” stated Greg Dunn, managing director, Personal Risk, NFP in Canada. “We’re excited about the offering and educating collectors about potential coverage gaps, as well as the partnership with Berkley, a leading provider of specialized insurance solutions for high-value personal assets.”
Collectors sometimes learn that a homeowners policy may have limited or no coverage for higher value collectibles. NFP is touting its program will offer automatic coverage of new items and transit coverage in addition to detailed protection for items already owned.
“NFP’s individualized and tailored approach on this unique insurance solution for collectors of sports cards and memorabilia ensures this emerging collector class has the necessary protection in place to safeguard its high-value assets,” stated said Olivia Cinqmars-Viau, AVP, fine art underwriting manager, Berkley Asset Protection.
“Memorabilia like sports cards are often viewed as sentimental in value, but any collector will tell you that it’s much more than that,” said Steve Menzie, president and owner of the Sport Card & Memorabilia Expo, Canada’s largest and longest-running sports collectables show. “We’re glad to see this partnership form and to help collectors better protect their cards and collectibles.”
Members of NFP’s Personal Risk team will be at the Sport Card & Memorabilia Expo, April 25 – 28 in Toronto, to further introduce the offering.
NFP has over 8,000 global employees, including more than 1,000 in Canada.
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