JEWELLERS BLOCK INSURANCE FAQs

What does the policy cover?

 IFFCO-Tokio's Jewellers Block Policy is available to protect against:

  • Stocks (gold, diamonds, etc in the showcase, display windows, safe/strongroom, insured premises.
  • Property in custody of insured, partners, employees, directors, constituted attorney.
  • Property in Transit by Airfreight, Angadia, Registered Post/parcel.
  • Building & other contents.
  • Fixed Glass and Sanitary Fitting.
  • Personal Accident for insured, Partners and employee.
  • Public Liability-Accidental injury, death to other than insured/his family & accidental damage to property.
  • WC-under Fatal Accident Act/WC Act for the employee. Money in transit/on-premises as per limits.
  • Computer, fax machine and their parts/ accessories & data carrying material.
  • Neon/illuminated signs.
  • Hoardings installed on insured premises.
  • Trade equipment

What are some of the exclusions?

  • Inventory loss.
  • Damage to property at a public exhibition.
  • Theft or disappearance of property.
  • Depreciation, gradual, deterioration, wear, and tear, moth, vermin, mildew.
  • Damage by theft or attempted theft committed by family members employees, custodians.
  • Damage following the use of a key to safe or any duplicate key.
  • Damage to property insured whilst in the window display.
  • Damage to the property whilst worn or used.
  • Damage to property while it is being worked upon.

What are some of documents required in case of claims?

  • Immediate intimation.
  • FIR issued by police.
  • Supporting Documents to be furnished promptly to surveyors.
  • Final Police Report.