Jeweller Insurance

Designed specifically for Jewellery Retailers, Wholesalers, and Repair centres.

Qualifications

3-years business or related experience preferred, acceptable claims history, physical premises must be well maintained. Membership in JVC Security Program required.

Required by law

Not required by law, but may be required to meet conditions of financing agreements or lease agreement.

Things that can be covered

Buildings, Equipment, Jewellery Inventory, Crime/Fidelity, Courier Packages, Personal Travel by Employees, Business Interruption, Commercial Liability.

Premiums based on

Property premiums are rated on the limit of coverage required and the type of building construction. Liability premiums are based on a combination of annual revenue and the type of operation. The main exposure with this type of risk is theft/robbery/holdup. Risks are carefully underwritten for crime coverage. Details of alarm systems, hold-up alarms, safes on site etc. are key elements of the underwriting and rating process.