Protect Your Precious Business with Comprehensive Jewellers Block Insurance
Specialised coverage for Singapore & Malaysia jewellery businesses, precious metals dealers, and watch retailers.
Why Choose a Jewellers Block Insurance Specialist Policy?
Secure the most comprehensive All-Risk Policy designed for the unique vulnerabilities of the jewellery trade, from manufacturing to retail. Standard commercial policies simply don't offer the necessary breadth of protection for high-value inventory and transit risks.
Don't Let One Incident Destroy Your Business
Singapore and Malaysia jewellery businesses face unique, high-stakes risks that standard commercial policies cannot cover:
High-Value Inventory
Stock exposed to theft, armed robbery, and mysterious disappearance, often excluded or heavily sub-limited by basic insurance.
Transit Vulnerabilities
Risk during movement of stock, including courier, international shipment, and personal carriage by representatives.
Customer Liability
Exposure for Goods Held in Trust—items left for repairs, appraisal, or consignment that are your temporary liability.
Trusted by Leaders in the Jewellery Trade
"The policy clarity and the specialist advice we received ensured our most complex transit risks are finally covered. A truly bespoke service."
— Jewellery Manufacturer, KL
"We shifted from a standard commercial policy and the difference in coverage limits was astonishing. Essential protection for high-value stock."
— Luxury Watch Retailer, Singapore
"Their expertise in dealing with pawnbroking risks gave us peace of mind during a critical renewal phase. Highly recommend the specialist knowledge."
— Pawnbroking Chain Owner, Malaysia
Comprehensive Protection Designed for Your Industry
Policy Scope: What is Covered
- ✓Stock Protection: Diamonds, precious stones, gold, platinum, watches, and silverware held in premises.
- ✓Worldwide Transit: Coverage for registered post, air mail, and other conveyances across the globe.
- ✓Off-Premises Operations: Stock at trade shows, exhibitions, and off-site meetings (subject to agreed limits).
- ✓Employee Dishonesty: Fidelity coverage against internal theft or collusion.
Key Benefits of the All-Risk Policy
- ✦All-Risk Basis: Insures against physical loss or damage from any cause, unless specifically excluded in the policy wording.
- ✦Global Coverage: Designed to protect your property even when outside Singapore or Malaysia (e.g., while travelling or shipping internationally).
- ✦Pairs & Sets Clause: Provides coverage for the loss in value of an entire set if only one part is lost.
- ✦Furniture & Fittings: Optional coverage available for your office equipment, fixtures, and trade furniture against fire, flood, and burglary.
Critical Security Requirements for Coverage
Security provisions are central to a Jewellers Block policy. The insurer relies on your stated protections, which shall not be withdrawn or varied without consent.
Burglar Alarm Systems
A Central Station monitored Burglar Alarm is key. Details on the system, holdup/panic buttons, and Dual Signalling (e.g. GSM backup) are required.
Safes and Strong Rooms
Insurer requires details on the Maker's name, Rating (e.g. UL/European Standards), size, and connectivity to the alarm system (seismic, magnetic contacts).
Window & Door Protections
Details on display glass type, internal protections (fixed grilles/hanging glass), and external protections (shutters or grilles) are mandatory.
Why Jewellers Block is Essential, Not Optional
| Coverage Area | Standard Business Policy | Jewellers Block Insurance |
|---|---|---|
| Theft of Inventory | Limited Sub-Limit | ✅ High Agreed Limits |
| Transit & Courier | Basic or None | ✅ Global, All Modes |
| Goods Held in Trust | No Coverage | ✅ Covered Explicitly |
Frequently Asked Questions (Q&A)
Are my items covered while being carried by staff or a representative?
Yes, the policy includes coverage for items carried outside the premises by principals, employees, travellers, and messengers, subject to declared average and maximum amounts per person and annual limits (Outdoor Risk coverage).
Does my alarm system need a special type of monitoring?
The insurer highly prioritises a Central Station monitored Burglar Alarm. For maximum security, they often require modern features like Dual Signalling (e.g., GSM backup) to prevent failure from a single source.
How will stolen items be valued in a claim?
Unless otherwise agreed, claims for your own stock are settled on a Cost Price basis. If you wish for an alternative method (like retail or replacement value), you must arrange this with the insurer and declare the stock value accordingly in the proposal.
Get Protected Today - Speak to a Specialist
Immediate Guidance Available
Our dedicated experts are ready to assist with coverage across Singapore and Malaysia.