JEWELLERY BLOCK INSURANCE
What is Jewellery Block Insurance?
Jewellers’ Block insurance protects businesses such as jewellers, auction houses, antique dealers, and art galleries that manufacture or handle jewellery.
These businesses are frequently targeted for burglary, theft, and accidents, which can result in significant financial losses and damage to their reputation if clients’ items are lost.
This insurance covers both the business's stock and clients' possessions while in their care.
What Does Jewellery Block Insurance Cover?
The policy coverage includes:
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Buildings, Contents and Stock
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Damage or loss during Transits and deliveries
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Shipping risks via armoured services, airfreight and couriers
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Safe deposit boxes
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Fidelity guarantee (theft or fraud by employees)
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Private jewellery protection
Jewellery Block Insurance Tips
An insurance company will run a detailed analysis when the business reports a lost product and needs the coverage money. Many insurance companies may demand the business stores to have alarms and proper protection to apply for the insurance.