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Diamond Ring Insurance

We provide diamond ring insurance as a standalone insurance policy, we are happy to insure single items or collections of diamond 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 specialist diamond ring insurance policy provides an alternative for you offering wide cover on a worldwide basis for your most valuable items.

What type of diamond rings do we cover?

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 diamond rings 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.

Why consider specialist diamond ring insurance?

Specialist diamond ring insurance gives you the opportunity to insure your most valuable rings without attaching it to any other insurance, usually this is your home insurance.

One advantage of separate diamond ring insurance is that it can help protect your home insurance no claims bonus. If you do need to make a claim for loss or damage to your diamond ring, and it is insured under your home policy, you may find you lose your no claims bonus.

Specialist diamond ring insurance ensures your specific item has a wide range of cover if anything were to happen such as; accidental loss, accidental damage, theft, loss of stone. You’ll usually also be given worldwide insurance cover.

Is loss of the stone covered?

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.

Do we have any restrictions?

Full details of our policy can be found in our Insurance Policy Information Document (IPID) and policy documents which are available on our website and on request and at the time before you buy a policy. 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 biannual periods. Your policy schedule will advise you if there are any special conditions beyond those contained in the policy document.

Do you insure more than just diamond rings?

Our insurance can cover more than just diamond rings. We offer flexibility across our insurance policies that can allow you insure engagement rings, wedding rings, diamond rings, sovereign rings, signet rings and more. All you need to do is let us know the details of your ring and we will be able to provide you with a ring insurance quote.

Do we have any valuation limits?

We are often approached for insurance for diamond rings of high value and will consider each case on its merits, many home insurers have a ceiling on the maximum amount they can insure but at Assetsure, you will find that we will consider valuations far an above that allowable by most home insurance companies.

Obtaining a quotation

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.

We've got you covered...

Accidental Loss

We’ve got you covered if you mis-place or accidentally lose your jewellery.
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Accidental Loss

If you lose you precious diamond ring we'll have it covered

Losing a previous diamond ring can be a worry and although we can never replace sentimental value, we can work quickly to provide you with a replacement. As well as engagement rings, we can insure any type of ring containing diamonds (or other precious stones)

Most losses of jewellery occur away from the home, either the whole ring or one of its components such as the diamond or one of the smaller stones contained on or within the band.


Loss of stone

Precious stones get lost our cover ensures you can replace it if it’s lost.
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Loss of stone

We cover loss of all stones from a ring.

Over time stones in a ring can work loose and if they fall out, they are easily lost, especially the smaller ones which may be contained on the shoulders or set in to the band of a ring.
We cover all stones in your ring including the smaller ones. There is no excess to pay either so items are replaced without deduction.

Accidental Damage

Accidents happen, we ensure that your item can be repaired or replaced.
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Accidental Damage

Cover for repairs following damage

Precious metals and stones can be damaged.

With any item, you would expect natural ageing, wear and tear but sometimes more serious damage can occur.

Whilst diamonds are arguably one of the hardest naturally occurring substances found on Earth, they can surprisingly be damaged quite easily, particularly if the shape is an unusual one such as in the case of pair shaped diamonds. Following an accident, stones may drop out of a ring and we can pay for a jeweller to reset them for you.

Damage to the integrity of the ring itself such as to the claws and settings can also occur and all of these scenarios are also covered by an Assetsure policy..

Worldwide Cover

Giving you the peace of mind that you can travel and still be protected
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Worldwide Cover

Your Diamond Rings are covered anywhere in the World.

We insure Uk residents jewellery anywhere in the world, we have no country restrictions and there is no need to tell us of your travel plans. You can travel as often as you like providing no one trip is over 60 days in duration.

Your Jewellery will be insured at Lloyd's’ of London the internationally recognised insurance market. Starting in 1688, Lloyd’s has been a pioneer in insurance and has grown over 330 years to become the world’s leading market for specialist insurance

Theft

Unfortunately items get stolen, we make sure you are covered if the worse happens.
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Theft

Diamond Rings covered against Theft

Whilst wearing your rings, you are covered if someone steals them from you.

If you are burgled, items of jewellery are the items most prized by thieves and most likely to be stolen. An Assetsure policy will protect you against theft with no excess to pay in the event of a claim.

If your diamond rings are worth in excess of £10,000) we’ll expect you to have a safe at home.

Why we stand out...

We are a specialist jewellery insurer with an extensive network of trusted jewellers across the UK that we use to repair / replace your item on a like for like basis

Premium protection promise

Premium protection promise

We value our customers. Your premium will not be loaded next year if you make one claim under £500. We reward loyalty and will guarantee if you find a cheaper renewal quote we will match it.

In-house claims service

In-house claims service

Our sales office is open 7 days a week making it easier to report your claim. We are a dedicated, friendly and efficient team who's sole aim is make your claim experience hassle free and easy

30 day money back guarantee

30 day money back guarantee

We are so confident in our product that we will give you 30 days to change your mind for a full refund, rather than the generic 14 days given by most. Even if after the 30 days is up, if you decide our policy is not for you, we will refund you all of the insurance you haven't used.

Treating you fairly...

We will not charge you any additional admin fees to make amendments to your policy or to cancel. We won't use enticing introductory offers to draw you in as we believe the price should be good from the start.

We are so confident in our product that we will give you 30 days to change your mind for a full refund, rather than the generic 14 days given by most. Even if after the 30 days is up, if you decide our policy is not for you, we will refund you all of the insurance you haven't used.

Start here. Get a quote for your first item now…

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Your Questions Answered

How much does ring insurance cost? icon-thin-chevron-down

You can find out how much your ring insurance will be today by completing our online quotation form.

Do you cover standard ring insurance? icon-thin-chevron-down

Yes, our insurance policies for rings are very flexible. Not only will we insure diamond rings, we will also insure other type of rings, which include, engagement rings, wedding rings, diamond rings, sovereign rings, signet rings and more. Complete the online quote or contact us to receive your quote.

How to get a ring valued for insurance? icon-thin-chevron-down

In order to ensure you receive a ring insurance policy that covers the value of your item, it is important you understand the true value of it by getting your ring valued. At Assetsure, for our own Jewellery Insurance policy, we do not insist that valuations are signed by a National Association of Jewellers registered valuer. We can put you in touch with companies that provide online jewellery valuations which will be suitable if you want to buy a policy from Assetsure.

How much should I insure my jewellery for? icon-thin-chevron-down

You should insure the item(s) for the full replacement value as new in the UK.

What is my ring worth? icon-thin-chevron-down

Valuations are normally supplied with new rings but you should seek an update at least once every couple of years.

If you do unfortunately lose or damage the item it’s important to have an accurate valuation to enable an insurer to replace the item for you.

Assetsure have extensive contacts within the Jewellery trade and if you require an updated valuation, please contact us as we may be able to point you in the right direction.

Are there any Age restrictions? icon-thin-chevron-down

The Assetsure Insurance policy is available to persons over the age of 21

When will I receive my policy? icon-thin-chevron-down

Your policy will be delivered instantly by e-mail. Cover will start from the date you request

How long does it take to arrange insurance? icon-thin-chevron-down

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.

Is there any excess to pay following a claim? icon-thin-chevron-down

The policy has no excess to pay following a claim

If I lose a stone will I be covered? icon-thin-chevron-down

Sometimes a stone drops out of a ring and cannot be located, this will be covered by the policy

How will you settle my claim? icon-thin-chevron-down

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.

How do I prove what my item is worth if I need to make a claim? icon-thin-chevron-down

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.

Who will I be insured by? icon-thin-chevron-down

The Assetsure Insurance policy is underwritten at Lloyd’s of London