Jeweller’s Block Policy
This is a package policy covering the jewellery while being kept in display, in the safe or in transit. It also covers cash and fixed assets. Jeweller’s Block is a package insurance providing risk coverage from the time the gems and jewellery land in India until they are exported. The policy provides All Risk cover for diamond dealers & jewellery manufacturers to meet the specific needs of the trade. Coverage includes all transactions in diamonds, precious stones, jewellery and bullion.
Main coverages are as under:
- Fire
- Burglary
- Theft
- Riot & Strike
- Terrorism
- Damage in transit or Custody of third parties.
- The insurance extends to losses in furniture and fixtures due to these perils.