Insuring an engagement ring? At Ellis David, we understand that jewellery can be amongst your most valued possessions – both financially and emotionally.
Insurance for jewellery can’t replace the emotional loss, but can help ensure you’re compensated if the worst was to happen. Whether lost, stolen or damaged, and no matter whether you want to insure an individual item or a whole collection, we can help.
Key Features Of Our Jewellery Insurance
What is Jewellery Insurance?
Jewellery Insurance can be important where cover provided by a standard home policy isn’t adequate.
Most Home Insurance policies cover the loss or theft of personal items, including jewellery, as standard. But they have claim limits for individual items, as well as total claim limits. Typically, a single item claims limit will be somewhere in the region of £1000 – £2000. It’s worth bearing in mind that jewellery, particularly items made with gold or incorporating diamonds, could actually be significantly more valuable now than when they were originally purchased.
In addition, many home insurance policies will not include cover for when the item is away from home. So if you lost your precious engagement ring while on holiday, for example, it may not be covered.