Jewellers Block Insurance

This policy covers all types of risks relating to jewellery and jeweller can take an insurance policy of all jewellery which is in his possession whether that is for sale or belongs to customers or kept for cleaning or repair etc. This policy covers the jeweller’s entire stock of gold including others entrusted to him, property entrusted to insured jeweller is insurable up to his interest arising out of legal liability or money advances on the goods. The policy does not cover the following losses. They are loss or damage caused by war and allied perils, loss of gold in cleaning, repairing etc, shortages noticed during stock verification, loss of injured property at any public exhibition, losses due to ionising, loss of or damage of insured’s property whilst in window display night and necessary precautions are not made.