Diamond Ring Insurance
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We provide diamond ring insurance as a stand alone insurance policy, we are happy to insure single items such as engagement rings or eternity rings. We realise that often it is not possible to obtain diamond ring insurance under a home insurance policy,especially if the value is high. Our policy provides an alternative for you offering wide cover on a worldwide basis for your most valuable items
Our Assetsure policy is especially designed to cover the items you value the most. We have arranged a policy that offers wide insurance cover, with few restrictions or conditions, essential for diamond rings which are often worn continually.
Our policy is arranged on a world-wide all-risks basis, which is basically the widest form of personal possession cover you can obtain. It includes all the covers you would expect to find under a policy designed to cover valuable items such as ; accidental damage, theft and loss. When dealing with a claim and replacing an item our policy has no excess to pay.
Assetsure Diamond Ring Insurance is underwritten at Lloyd’s of London.
Yes, if you lose or damage the stone or stones in your diamond ring, your policy will cover you. On some high valued rings, we do have a ” settings clause”
where we would expect you to have the settings checked by a jeweller at least once every two years. In many cases, the two year period, starts from the date you buy a policy from us.
Full details of our policy can be found in our key facts and policy documents which are available on request. For certain high value items we will inform you if there are any special conditions such as having the settings checked by a jeweller at bi annual periods.
We are often approached for insurance for diamond rings of high value and will consider each case on it’s merits, many home insurers have a celling on the maximum amount they can insure but with Assetsure, you will find that we will consider valuations far an above that allowable by most home insurance companies.
Simply complete one of our online forms or telephone our office. We can usually provide you with a quote and cover immediately if required. We send policy documents by email as soon as cover has been provided and we allow a full 30 days for you to review them.
Our policy provides "All-risks" cover as standard. This means events such as loss or damage are covered with fewer exclusions and warranties.
You are covered anywhere in the world for trips up to 60 days.
We can insure single items of jewellery such as rings, earrings & pendants or whole collections. For smaller items you can insure on an "Unspecified basis"
This is a "stand-alone" policy, any claim will not affect any no claims bonus you may have under your home insurance
We settle claims "in house" and in the event of a loss we'll work with you and our industry contacts to settle your claim as quickly as possible. Most policies are excess free
This policy is underwritten at Lloyd's of London, the worlds oldest continuous insurance market.
Your jewellery will be amongst your most treasured possessions and of course we at Assetsure will be pleased to provide insurance for you, either on a single article basis or for your whole collection. Insurance though will never compensate for the loss of a treasured item and we hope this never happens, but at least by having an up to date jewellery valuation, you can help to make sure that an item is replaced with one of similar value....
When you buy a new piece of jewellery such as a diamond ring, you may not realise that before the diamond has been set in to a ring by the jeweller or supplier, the gemstone (especially if it is of a decent quality) will have been graded by an independent laboratory who will have set down an unbiased opinion of its attributes and characteristics....
When you own items of jewellery, you will want to make sure they are cared for properly. Careful storing and handling will help to keep them looking in excellent condition and of course will protect their value. Precious metals and gemstones tend to increase in value over time and items of jewellery that are not cared for or stored correctly can become easily scratched and damaged thus diminishing their value and attractiveness....
You should insure the item(s) for the full replacement value as new in the UK.
The Assetsure Insurance policy is available to persons over the age of 21
Your policy will be delivered instantly by e-mail. Cover will start from the date you request
In most cases, we can provide cover the same day that you request it, simply use our calculator and you can buy the insurance online immediately. In cases where we cannot quote online, we endeavour to provide you with a quotation within 24 hours during the week.
The policy has no excess to pay following a claim
Sometimes a stone drops out of a ring and cannot be located, this will be covered by the policy
The most we will pay in total for each incident of Loss is the Amount insured which you choose when you take your policy out. Please make sure this to sufficient replace your item at UK retail prices.
In the event of any claim being made for Loss of or Damage to any insured item, the onus of proving the existence, ownership and value of the item shall be upon you to prove. We accept the following items as proof of existence and Ownership;
For Items less than 5 years old
A personalised and dated purchase receipt or bill of sale detailing the insured item.
A debit or credit card or bank statement detailing the amount paid.
If a private sale, dated correspondence relating to the sale such as a letter or e-mail identifying the seller of the item.
For Items more than 5 years old
Any of the above items.
Photographic or other dated documentary evidence such as a personalised valuation or service receipt.
A valuation with full description of the item from a United Kingdom based Jeweller or Valuer stating their contact details and business credentials.
The Assetsure Insurance policy is underwritten at Lloyd’s of London