Teddy Talk: Creating, Collecting, Connecting

Hi All,   

This bear was my grandmother's so i know it's old, but that's about all I know. He is in good condition, about 18 inches tall and has attached arm and legs.

We want to know if we should be insuring him or not as it could be worth quite a it?  We are from Australia so he may have been made here or could be an import - no idea sorry.

Thanks in advance,
Linc