Running a jewellery business means managing more than just valuable stock—it also means facing complex risks. Whether you operate a retail shop, design custom pieces, or handle wholesale distribution, jewellers block insurance is critical to safeguarding your assets, people, and reputation.
What Is Jewellers Block Insurance?
It is a specialised policy designed for businesses dealing in precious metals, gems, watches, and high-value stock. It covers theft, loss, damage, and more—both in-store and while in transit.
Quick Answer: Jewellers block insurance protects jewellery businesses against loss, damage, or theft of high-value goods, including while in storage or transit.
This type of insurance is not a one-size-fits-all solution. It is tailored to the operational and logistical realities of jewellers, goldsmiths, pawnbrokers, and even gemstone dealers. The cover extends beyond basic business insurance, filling in the gaps with specific, relevant protections.
What Does It Typically Cover?
A comprehensive policy may include:
- Stock and Inventory Protection: Covers jewellery, raw materials, and finished goods on the premises.
- Transit Cover: Whether you’re transporting goods yourself or using a courier, your items are protected.
- Exhibition and Trade Show Cover: Protects inventory displayed at industry events.
- Safe and Vault Storage: Coverage for items stored securely on- or off-site.
- Theft and Burglary: Insures against robbery, smash-and-grabs, and internal theft.
Optional extensions can also cover shopfront damage, customer goods in custody, and even cyber-related losses affecting transactions or client data.
Why Choose AEG?
AEG – Anglo East Group (Malaysia) specialises in complex risk categories and offers customised jewellers block insurance policies tailored to the unique needs of your business. Our expert advisors assess your operations, location, and exposure to create a policy that truly fits.
When you choose jewellers block insurance from AEG, you benefit from:
- Bespoke cover designed for jewellery traders
- Global transit protection, including high-risk areas
- Guidance on improving your security posture
- Competitive premiums with comprehensive terms
- Quick claims resolution and dedicated support
Our long-standing relationships with underwriters and reinsurers allow us to secure high-quality cover that balances protection with cost efficiency.
Conclusion: Do You Need Jewellers Block Insurance?
Yes—if your business handles valuable jewellery, stones, or precious metals, this type of insurance is essential. It offers peace of mind and ensures business continuity in the face of unexpected losses or security breaches.
AEG provides the experience, expertise, and flexibility you need to stay protected. Don’t leave your livelihood at risk—speak to us today to learn more about your jewellers block insurance options.