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Securing Precious Valuables Through Jewellers Block Insurance

 We live in a tragic era. Insurance is a safety key if we suffer from health problems or accidents while travelling or have our jewellery looted or damaged. Disaster can knock on your door anytime. Insurance helps us protect against such tragedies with specific financial security.


What is jewellers block insurance?
Block comes from the French term ‘en bloc’, which means ‘all in one. An insurance policy delivering comprehensive coverage for risks related to high-valued items such as diamonds, silver, gold, paintings, antiques, or any other artistic things in the retail business is called jewellers block insurance.

The risk in the jewellery business is rising day by day. Therefore, it is advised that jewellers should buy jeweller's block insurance to safeguard themselves from any risks in future.

Below stated risks are some of the general threats covered under jewellers block insurance in Canada:
  1. Accidental harm because of natural calamity or fire
  2. Thievery like theft, burglary, grab and run, shoplifting, etc.
  3. Financial loss due to momentary business interruptions
  4. Financial loss due to employee misbehaviour or dishonesty
  5. Theft in transit

Every risk covered by the insurance policy is cited in the contract. Various insurers offer different quotes and conditions. Consider the most suitable quotations. Give preference to an experienced insurance company in the market. They will adequately define the terms with you and know enough to negotiate with disputed lawsuits.

CHES Special Risk Inc. is one of Canada’s leading agencies providing 250+ insurance coverages. This insurance solution provider was founded in 2004, making it one of the oldest Managing General Agencies based in Toronto, Ottawa and Quebec.

From brokers to standard jewellery stores, from furriers to bureau de change, their jewellers insurance covers every high-valued item against loss or damage because of theft, burglary, grab and run, shoplifting, etc. These thieveries are tracked with the criminal history and credit authority checks. The expense of these trackers is included with the policy amount.

CHES Special Risk Inc. delivers comprehensive or tailor-made jewellers block insurance as per the policyholder’s needs. They will help you keep in the same position, i.e. without losses. CHES’s years of jewellery professional wisdom comes in handy along with their years of experience in the insurance industry. They do what’s best for their clients and know that every business circumstance is different.

To know more about them and the different risk policies, visit their website here. Contact their professionals for any other further assistance and read the product disclosure statement to secure precious valuables through jewellers block insurance.
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