Titanic Insurance Policy to be Auctioned



The only known copy of an insurance ledger covering the hull of the RMS Titanic during its sea trials is to be sold at auction by Henry Aldridge & Son in Wiltshire, England, on November 21 with an estimated sale price of $40,000 to $67,000. The policy provides $100,000 worth of insurance coverage to the steel hull under the Atlantic Mutual Insurance Company, one of the ship's major insurers. The binder was signed on March 27, 1912 — just 19 days before the ship sank during its maiden voyage to New York. It includes a handwritten addendum extending coverage to the delivery trip and sea trials from Belfast to Southampton before any paying passengers boarded. The full claim was settled by insurers within a month of the disaster.