'Insurance Needed' For Diamond Jewellery

Published on 18/02/09

Anyone buying items such as gold diamond rings should make sure they have the correct insurance for such products, it has been claimed.

Engagement bands should be safeguarded with policies which will protect consumers from theft, loss or damage, according to an article by the Windsor Star which was published on Canada.com.

The news provider stated people should be wary that some household or content insurance products have limits in certain categories, which may include restrictions on platinum diamond rings.

Consumers should contact agents to talk about matters such as this in order to make sure that their glittering jewellery is protected, with issues such as valued at prices, cash settlements, replacements and damage cover among the topics that should crop up in the conversation, the source added.

In related news, earlier this month a study by esure claimed many people would consider purchasing a policy for such items, despite already having personal possessions insurance.