Look up the definition of insurance and you'll find words like "reimbursement" and "compensation." That makes sense, since most insurance policies rectify losses by cutting you a check.
In the case of jewelry insurance, a cash payout isn't always your best option.
Read on for a comparison of how jewelry insurance works for a replacement policy versus a traditional reimbursement.
As wearable technology evolves, more tech companies are collaborating with jewelry manufacturers and designers to keep smart jewelry on the forefront of fashion.
And it’s not only with smart watches. We’re starting to see wearable tech that isn’t even recognizable as such at first glance – it’s just as beautiful as high-end fine jewelry.
Millions of couples rekindled the romance this Valentine’s Day. In 2020, 21 percent of shoppers chose jewelry to show their love, according to a 2020 Instore Magazine article.
If you splurged on your valentine, as so many people did, then it’s time to practice a bit of “romantic practicality”. Insure Valentine's Day jewelry and protect that precious purchase.
First things first: a jewelry insurance policy from Jewelers Mutual is a repair or replacement policy.
Instead of just getting a check, you'll work directly with your jeweler (not someone we choose for you) to repair your jewelry or find a suitable replacement piece. Jewelers Mutual will work with your jeweler behind-the-scenes to coordinate payment.
Now that it's clear you'll receive a same-kind-and-quality replacement, not a check, let's move on to what is and isn't covered.
