JEWELLERY BLOCK INSURANCE

What is Jewellery Block Insurance?

Jewellery Bond Insurance

Jewellers’ Block insurance is perfect to protect: jewellers, auction houses, antique dealers, art galleries, and any businesses that manufacture or handle jewellery.

These businesses are the biggest target to burglary, theft, or accident that results in the loss of expensive products. This can be damaging to the business and can also damage the reputation of the company if they have lost customers items.

Jewellers Block policies cover the stock and clients’ possessions while in care of these business mentioned above.

What is covered?

The policy coverage includes:

  • Buildings, Contents and Stock
  • Transits and deliveries
  • Shipping via armoured services, airfreight and couriers
  • Safe deposit boxes
  • Fidelity guarantee (theft or fraud by employees)
  • Private jewellery

What should you know?

Jeweller’s block insurance provides those trading high-value goods with the peace of mind needed to run their business with less fear. As they know, their goods are safe, with jewellery block insurance fully protecting them from any future disaster on their products.

Jewellery block insurance exclusions may include mysterious loss or employee dishonesty. 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.

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Jewellery Transportation- Can You Cover Stolen Jewellery?

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Jewellery isn't just shiny diamonds we see in high-end stores. Many people don't even notice they have some sort of jewellery on them, for example, a watch, bracelet, neckless and so much more. Obviously, that watch may not be as precious as a 24-carat ring but is still considered a jewellery asset. The more expensive the jewellery, the more jewellery businesses and owners protect it. Jewellers design jewellery products to look great and also create memories. Therefore, they are liable for providing customers with the perfect product for the occasion. Many jewellery companies import and export their product from various [...]