500,000 yuan gold bars refused to protect antique paintings insurance

Although gold bars have become part of the household's family property investment, it is not part of household property insurance. Recently, Ms. Liu of the public encountered such a helpless thing: “These two days happened to catch up with the renewal of the family property insurance. I had planned to insure the gold bars that cost 500,000 yuan, but the result was rejected. The reason for the insurance companies refusing to protect is "the moral hazard is too high." Ms. Liu is even more unaware of the fact that she is an honest person in the books. How can there be "moral risks"?

The 500,000 yuan gold bar was rejected. Ms. Liu recently bought a 500,000 yuan investment-grade gold bar from the bank. When she tried to buy an insurance for this valuable gold bar, she encountered problems. “June 17 happened to be the day of my family property insurance renewal, but the insurance company refused to insure the gold bars.” Ms. Liu said that the insurance company’s refusal to protect was “the moral hazard is too high.” This made her more Can not understand.

According to industry sources, gold bars belong to articles with special risks, and insurance companies do not cover them. The so-called “moral risk” does not mean the character of Ms. Liu. It is only an insurance-specific term. A staff member named Huang from the China United Property Insurance Corporation in Qingdao explained that if the citizen (applicant) intentionally causes an insurance accident due to high insurance proceeds, this is a “moral hazard”.

Additional insurance up to 5,000 yuan It is understood that most of the city's property insurance companies have explicitly stated that they do not protect investment-type precious metals, but there are individual insurance companies set up similar to "gold, silver and jewelry insurance" additional risks, but generally only up to 5,000 yuan . A staff member of the Pingan Property Qingdao Branch stated that gold and silver jewellery is generally negotiated with the insurance company’s relevant personnel and agreed to apply for insurance, such as the purchase of an investment-type gold bar, and the stipulated contract price was 5,000 yuan at the time, even if the claim occurred, the gold price Even several times over, insurance companies still pay claims at the price agreed at the time of insurance.

Even if the sum insured is only 5,000 yuan, the insurance company has many restrictions on the "gold, silver and jewelry insurance" claims, and many situations do not pay. For example, “the loss of insurance gold and silver jewellery due to unlocking the door”, “theft of insurance gold and silver jewellery in an unoccupied place or unguarded for more than fifteen days,” and so on.

Links to antiques and famous paintings are difficult to insure. A Song Dynasty Goryok kiln celadon splinter disk in the Song Dynasty (Weibo) Museum was damaged, leaving “artwork insurance” in public view. Such insurance is still available today. No market has been formed.

According to industry insiders, in fact, art collections face multiple risks. General house insurance covers only fixed assets, and the sum insured is also low. Collectibles, antiques, paintings, jewellery, etc. are not included in this range because they are difficult to determine.