Introduction to Jewellers Block Insurance
Gold. Diamonds. Rare stones. Precious metals. Your business isn’t just valuable—it’s vulnerable.
In a world where high-value goods invite high-level risks, even a single loss can be catastrophic. Theft, armed robbery, fire, mysterious disappearance—these aren’t just rare headlines, they’re real risks for jewellers.
Jewellers Block Insurance is your line of defense. It’s an all-risk policy that protects your stock, whether it’s in-store, in transit, or on display at a trade show. At Honor Insurance, we work with some of the UAE’s most prominent jewellery retailers, wholesalers, and gold traders—offering insurance that fits their risk profile, not someone else’s template.
Key Benefits of Jewellers Block Insurance from Honor Insurance
- Covers loss or damage to jewellery, bullion, precious stones
- Protection against theft, fire, robbery, and armed hold-ups
- Transit coverage for domestic and international movement
- Display & exhibition coverage for trade shows and events
- Employee infidelity and mysterious disappearance options
- Expert support through our dedicated claims team
What Does Jewellers Block Insurance Cover?
On-premises cover
Stock in safes, showcases, or storage at business locations
In-transit cover
Hand-carried or transported goods within the UAE and globally
Display & exhibition risks
Damage or theft while goods are displayed offsite
Burglary & robbery
Violent or forced entry losses, including armed theft
Fidelity risk
Dishonesty or fraudulent acts by trusted employees
Mysterious disappearance
Loss without explanation (under strict conditions)
Who Should Buy Jewellers Block Insurance?
- Jewellery retailers and showroom owners
- Gold and diamond wholesalers
- Jewellery manufacturers and refiners
- Pawn shops and gold loan providers
- Logistics providers transporting precious cargo
- Traders displaying jewellery at international exhibitions
How to Choose the Right Policy
Volume & value of stock
Ensure sum insured reflects real replacement costs
Security arrangements
Some insurers offer better terms for high-security premises
Transit frequency
Frequent transport? Make sure hand-carry and logistics are covered
Claims history
A clean record can help reduce premiums
Inclusions and Exclusions
Inclusions:
- Gold, silver, platinum, bullion, diamonds, and other stock-in-trade
- Precious stones (set or unset), watches, finished goods, and raw materials
- Office furniture, safes, and fixtures
- Transit losses via air, land courier, or personal custody
Exclusions:
- Loss from unattended vehicles (unless pre-approved)
- Wear and tear or manufacturing defects
- Unexplained shortage unless otherwise stated
- War, terrorism, or nuclear risks (unless specifically endorsed)
- Unsecured display or open showcases without alarms/surveillance
Buying Jewellers Block Insurance with Honor Insurance
1. Fill out the Form
Share your business type, stock value, and coverage needs
2. Receive Custom Quotes
We present options from the UAE’s leading insurers
3.Guided Consultation
Our advisors walk you through every detail, no surprises
Why Choose Honor Insurance for Jewellers Block?
Specialized Expertise
We understand the complexity of high-value inventory
Transparent Terms
Every policy is built to match your actual risk profile
Secure Partnerships
We work with leading insurers in the UAE and beyond
Fast, Transparent Claims
No runarounds—just results
FAQs
Q1: Is this insurance mandatory for jewellery stores in the UAE?
Q2: Does it cover stock held at exhibitions abroad?
Q3: Are home-based jewellery businesses eligible?
Q4: Can I add coverage for cash in transit?
Q5: How is the premium calculated?
Based on stock value, security measures, transit exposure, and location risk.
