Jewellers Block Insurance
What is Jewellers block Insurance?
A standard Jewellers Block insurance policy will grant coverage for a wide range of risks, tailored to your business. Because jewellery has high value, simple property insurance cannot afford coverage and protection for it. Jeweller’s Block is a comprehensive risk insurance policy for businesses dealing with precious metals and stones. High-value art and antiques are included in this sort of policy. Retailers, manufacturers, and merchandisers of these products are exposed to the risk of theft, burglary, loss and damage to property.
Jewellers Block Policy
Business insurance is not a new idea. However, the awareness of the extent or type of covers available for different sectors is limited. For instance, as a jewellery business owner, you already know of the liability and business interruption insurance. You may also have Insurance for your store that includes furniture, computers, display material and other assets.
What regarding the actual goods/products that you sell? The jewellery itself ! Is there a policy particularly made for the jewellery industry? If this question is on your mind, then you need to chat with our team at Alia Insurance about Jewellers Block Insurance. These are speciality insurance products which are not known to the conventional insurance agents and brokers. And you need an expert provider that caters to the jewellers’ Block.
A single loss or damage to your high-value properties can have a significant impact on your business. Jeweller’s Block policy can provide you peace of mind knowing
that you have the right protection from any future disaster.
Jewellers Block coverage in Sharjah will provide cover for all precious metals (like gold, silver platinum), gems and stones (like sapphire, emerald, diamond, ruby), and other antique or valuable items of the high cost.
Unexpected events like the following are also under the purview of this type of Insurance:
- Theft, burglary, robbery, shoplifting
- Substitution and accidental damage
- Fire, explosion
- Riot or strike, malicious damage
- Theft, including shoplifting,
burglary and robbery
- Accidental damage
- Business interruption due to fire,
theft or other incidents
- The property whilst it is on your premises, on
loan or display in an exhibition, and in a transport vehicle. Terms and
Consider an insurance policy that can be extended to cover property while in the custody of
the insured’s partners and/ or employees! Ask us about this type of coverage
for your jewellery business premises and assets.
The most important exclusions are
- Employee Dishonesty,
- Earthquake damage
- Lost stock,
- Mysterious Loss or Unexplained Loss.
Coverage is based on stock at your premises but may be extended to follow your stock almost
wherever it goes, including:
Jewellers Blocks Insurance Benefits:
Jewellers Block Insurance policy benefits available on demand
- Damage to stock worked on
- Defective title
- Theft by staff
- Goods on memorandum
- Professional indemnity
- Goods in transit
- Public, product and employers liability available
- Stock wore by you or employees away from premises
- Automatic extension for periods when more stock is kept
Do you really need an insurance broker?
An insurance broker is most beneficial placed to judge your risks, clarify your questions
and negotiate with insurers to get you the most suitable deal. You do not have
to use a broker, but practicing one means that you’re:
- Not paying for the cover which you don’t need.
- Not paying for expensive overlaps across policies, and
- Covered for all your risks and exposures.
Alia Insurance Broker Services
Alia Insurance Broker Services in Sharjah, UAE, Can:
For Your Security:
Alia Insurance Broker Services Can:
- Provide contact names of reliable suppliers
- Check that equipment you are being given meets insurers’ requirements
- Check those alarm installers are authorized
- Help you circumvent problems by discussing proposed changes to your security equipment. Or requirements for new premises at the planning stage
Alia Insurance Broker in Sharjah, UAE. Regularly conducts security surveys of retail, wholesale and manufacturing jewellers. To assist with assessing premises security and reducing the risks of loss. Alia Insurance Broker’s report’s address:
- Company operating history
- Management expertise
- Loss of history
- Operating controls and procedures
- Safes and vaults
- Alarm systems
- Books and records
Alia Insurance Broker provides other insurance products as well. The list of other insurance services are as under :
- Car Insurance
- Health Insurance
- Travel Insurance
- Home Insurance
- Boat Insurance
- Fire Insurance
- Workmen Compensation
- Property All Risk Insurance
- Medical Malpractice
- Professional Indemnity
- Medical Insurance
- Marine Cargo Insurance
- Machinery Breakdown Insurance
- Group Life Insurance
- Jewellers Block Insurance
- Liability Insurance
If you need to secure your business or need any other insurance, do contact us. We have professional teams who can come to you and guide you in a proper way as how to secure your risk in the best possible way.
Get Jewellers Block Insurance
Alia Insurance Broker
Address: No.605,Al Ghanam Business Center,Al Khalidiya Rd,Al Majaz Area – Sharjah
Phone: 06 568 7474