It does not sound stange at all. We are experiencing the same problem in
the media storage industry.
If you think you have problems, at least the contents of paper are static,
we have experienced customers who want to insure the contents of a tape.
Every 2 weeks the contents of the tape changes; today it could be a
critical backup for recovering the system after a disaster, tomorrow it
could be a backup of porn from someones C: drive.
We have found that it is more of a problem for customers who are
renegotiating contracts or changing storage providers.
To insure any object it must have an agreed value. If the value is above
the replacement cost of the object (paper for paper, tape for tape) the
value must be defined by the customer.
From experience once a customer gets the quote for the insurance + your
margin they drop all interest in insurance.
TapeTrack Pty Ltd
On Sat, 4 Oct 2003 21:06:13 +0300, Bogdan Popovici <[log in to unmask]>
>It may sound strange. I know that every country has its own rules and
>customs. But I have a situation I don't know how to deal with.
>One record manager has told me he wanted to have an insurance over his
>records, as a sort of protection from theft, fire etc. Any insurance
>agency here, in Romania, did not accept such a fact, because they have to
>estimate the value of "object" (i.e. the records themselves), and they
>did not know how to do that: "how the hell to evaluate a bunch of
>My question: does someone know if there is any precedent for archival
>insurance? What are the procedure for that?
>Thanks in advance, I know you're always there for all my strange
>Brasov - ROMANIA
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