We provide diamond ring insurance as a standalone insurance policy, we are happy to insure single items or collections of diamond rings. We realise that often it is not possible to obtain diamond ring insurance under a home insurance policy, especially if the value is high. Our specialist diamond ring insurance policy provides an alternative for you offering wide cover on a worldwide basis for your most valuable items.
Our Assetsure policy is especially designed to cover the items you value the most. We have arranged a policy that offers wide insurance cover, with few restrictions or conditions, essential for diamond rings which are often worn continually.
Our policy is arranged on a world-wide all-risks basis, which is basically the widest form of personal possession cover you can obtain. It includes all the covers you would expect to find under a specialist policy designed to cover diamond rings such as; accidental damage, theft and loss. When dealing with a claim and replacing an item the policy has no excess to pay.
Specialist diamond ring insurance gives you the opportunity to insure your most valuable rings without attaching it to any other insurance, usually this is your home insurance.
One advantage of separate diamond ring insurance is that it can help protect your home insurance no claims bonus. If you do need to make a claim for loss or damage to your diamond ring, and it is insured under your home policy, you may find you lose your no claims bonus.
Specialist diamond ring insurance ensures your specific item has a wide range of cover if anything were to happen such as; accidental loss, accidental damage, theft, loss of stone. You’ll usually also be given worldwide insurance cover.
Yes, if you lose or damage the stone or stones in your diamond ring, your policy will cover you. On some high valued rings, there is a ” settings clause” which states that every couple of years, you will need to have the settings checked by a jeweller. In some cases, it is possible to have a settings check online, please contact our office if you require information about this service.
In many cases, the two year period, starts from the date you buy a policy from us.
Full details of the policy we can provide can be found in the Insurance Policy Information Document (IPID) and policy documents which are available on our website and on request and at the time before you buy a policy.
For certain high value items, we will inform you if there are any special conditions such as having the settings checked by a jeweller at biannual periods.
Your policy schedule will advise you if there are any special conditions beyond those contained in the policy document.
We can obtain insurance for more than just diamond rings. Policies are flexible in that they can allow you to add engagement rings, wedding rings, diamond rings, sovereign rings, signet rings and all other types of jewellery.
We are often approached for insurance for diamond rings of high value and insurers will consider each case on its merits. Quotations can normally be obtained within twenty four hours.
Simply complete one of the online forms or telephone our office. Many cases, can be quoted online. We can usually provide you with a quote and cover immediately if required. We send policy documents by email as soon as insurance cover has been provided and there are a full 30 days allowed for you to review the policy and apply for a refund if you find the cover is not to your requirements.
We are a specialist jewellery insurance intermediary that can arrange insurance for diamond rings and other items of jewellery. We have access to an extensive network of trusted and talented jewellers across the UK that will be pleased to assist to repair/replace your item on a like for like basis.
We value our customers. Your premium will not be loaded next year by the insurers if you make one claim under £500. We reward loyalty and will guarantee if you find a cheaper renewal quote we will match it.
You can easily report a claim to us by telephoning our claims department who can take instructions from you regarding your loss, or if you prefer, you may email us. Full details are contained in your policy document. We’ll assist you to obtain a repaired or replaced item as quickly as possible.
We are so confident in the product we supply that we have arranged with the insurers to allow you 30 days to change your mind and request a full refund, this is rather than the generic 14 days given by most. Even if after the 30 days is up, you decide our policy is not for you, we will refund you all of the insurance you haven't used with no deductions from the return of premium.
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Assetsure is a UK-based insurance provider, authorised and regulated by the Financial Conduct Authority. We are also proud members of the British Insurance Brokers Association. We also have LLoyd's of London coverholder status.
You can find out how much your ring insurance will be today by completing our online quotation form.
Yes, our insurance policies for rings are very flexible. Not only will we insure diamond rings, we will also insure other type of rings, which include, engagement rings, wedding rings, diamond rings, sovereign rings, signet rings and more. Complete the online quote or contact us to receive your quote.
In order to ensure you receive a ring insurance policy that covers the value of your item, it is important you understand the true value of it by getting your ring valued. At Assetsure, for our own Jewellery Insurance policy, we do not insist that valuations are signed by a National Association of Jewellers registered valuer. We can put you in touch with companies that provide online jewellery valuations which will be suitable if you want to buy a policy from Assetsure.
You should insure the item(s) for the full replacement value as new in the UK.
Valuations are normally supplied with new rings but you should seek an update at least once every couple of years.
If you do unfortunately lose or damage the item it’s important to have an accurate valuation to enable an insurer to replace the item for you.
Assetsure have extensive contacts within the Jewellery trade and if you require an updated valuation, please contact us as we may be able to point you in the right direction.
Yes, the Assetsure Insurance policy is available only to individuals over the age of 21.
Your policy will be delivered instantly via email. Cover will begin from the date you request.
In most cases, we can provide cover the same day that you request it, simply use our calculator and you can buy the insurance online immediately. In cases where we cannot quote online, we endeavour to provide you with a quotation within 24 hours during the week.
The policy has no excess to pay following a claim.
Sometimes a stone drops out of a ring and cannot be located, this will be covered by the policy
The most we will pay in total for each incident of Loss is the Amount insured which you choose when you take your policy out. Please make sure this to sufficient replace your item at UK retail prices.
In the event of any claim being made for Loss of or Damage to any insured item, the onus of proving the existence, ownership and value of the item shall be upon you to prove. We accept the following items as proof of existence and Ownership;
For Items less than 5 years old
A personalised and dated purchase receipt or bill of sale detailing the insured item.
A debit or credit card or bank statement detailing the amount paid.
If a private sale, dated correspondence relating to the sale such as a letter or e-mail identifying the seller of the item.
For Items more than 5 years old
Any of the above items.
Photographic or other dated documentary evidence such as a personalised valuation or service receipt.
A valuation with full description of the item from a United Kingdom based Jeweller or Valuer stating their contact details and business credentials.