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Jewelers Block

When in the business of distributing, selling or manufacturing high value goods such as precious metals or gems, a single loss or incident can have a devastating impact on business performance. Owners and manufactures can be rendered financially unstable if an individual item or collection becomes damaged or stolen. Obtaining the necessary insurance can provide remediation in case of burglary, robbery, shoplifting, grab and run, substitution and/or accidental damage.

Jewelers Block Coverage from Burns & Wilcox will provide access to coverage to protect your client’s entire inventory of gold, silver, diamond, and gemstone merchandise, as well as items that have been temporarily placed in their care. Jewelers Block Coverage is an all risk policy which provides tailored coverage for manufacturers, wholesalers, retailers, collectors and more.

Coverage Details and Features

  • Fine art and specie – $5M any one location
  • Buildings including business interruption – $2.5M at any one location
  • Commercial General Liability – $1M/$2M in the aggregate
  • Fully comprehensive all risks of physical loss or damage cover, including mysterious disappearance of stock whilst in store, in transit and at shows and exhibitions
  • Exterior glass and signs
  • Employee dishonesty
  • Machinery and equipment cover
  • Building code ordinance, demolition and increased cost of construction
  • Damage to premises rented to the insured
  • Preservation of property
  • Money orders and counterfeit paper currency
  • Fire department service charge
  • Medical expenses
  • Bodily Injury and Property Damage Liability
  • Coverage for the US, Canada and Caribbean
  • Worldwide cover for clients that travel with or send stock around the world
  • Low deductible options with rate credits available if desired

Target Classes

(including but not limited to)

  • Fine art galleries
  • Jewelry stores
  • Wine collections
  • Memorabilia and prized collections
  • Pearls, jewels, and other precious and semi-precious stones
  • Jewelry
  • Watches and watch movements
  • Gold, silver, platinum and other precious metals
  • Alloys

At Burns & Wilcox our expertise becomes your expertise. Our marketing materials are designed to help you give your clients what they want to hear – yes to almost any hard-to-place-risk.

Applications for this product may vary. Please click below to find the office nearest to you for assistance.

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