Jewellers’ Block Insurance

A Jewellers Block Policy is specially devised for Jewellers i.e., those establishments dealing solely in jewellery and diamonds either for retail or wholesale marketing. The Policy covers property (i) jewellery, gold or silver ornaments or plate, pearls and precious stones, materials usual to the conduct of insured’s business and bank notes or scrip-whilst these are in the insured’s premises or are in bank lockers, or are in transit by land water or air, in India: (ii) trade and office furniture and fixtures in the insured’s business premises. The risks covered are for the property described against item (ii) above and that described against item (i) above which is on insured’s premises or in bank lockers-Fire, lightning, explosion, burglary, housebreaking and theft. The property under item (i) whilst in trust by land, water or air in India is covered against all risks other than those which are specifically excluded by the Policy.

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