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Picture-perfect fine art cover?

Public galleries are aware of the risks of displaying high-value artworks, but conventional insurance may not be enough. However, there are special arrangements to ensure loaned items at least are covered against damage and theft. Veronica Cowan puts the Government Indemnity Scheme in the frame with insurers' offerings.

The theft of three watercolours by Picasso, Van Gogh and Gauguin -
worth an estimated £1m - from the Whitworth Gallery in Manchester, and
which were later recovered from a nearby lavatory

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