Wedding ring insurance canada.
My ring was worth more than that.
Engagement ring insurance is a contractual means of risk management to protect you from financial repercussions in the event of physical loss, theft, or damage.
it has received endorsements from the american gem society, jewelers of america, the canadian jewellers association, jewellers vigilance canada, manufacturing jewelers and suppliers of america and the jewelers’ security alliance.
Since the average expected cost of a wedding in canada, including the engagement ring and honeymoon, could be up to $30,000, investing in wedding insurance can provide you with peace of mind.
A jewelry insurance policy is the best way to make sure your favorite items are protected.
10 optional coverages for your wedding.
Wedding insurance is special event insurance with added features and coverage specifically tailored for weddings.
However, “ring upgrades” have become increasingly popular, and it’s important to update your policy with the full value of the new ring.
Engagement rings can be insured as soon as they are bought, similar to how you would insure a vehicle before getting behind the wheel.
Especially if you are travelling, so it’s best to insure sooner rather than later.
In the event of loss, theft or accidental damage, jewellery and valuables insurance can help to cover the cost of repairing and replacing.
Here's a breakdown of all the ins and outs of ring insurance.
To help you protect your precious pieces, the geico insurance agency has teamed up with jewelers mutual insurance group.
Plus, your coverage includes worldwide travel.
Wedding insurance provides you with peace of mind in two ways.
Jewelers mutual has been selling jewelry insurance since 1913 and has an a+ superior rating from am best.
Insuring collectibles, jewellery and other valuables.
Liability, cancellation, gifts/jewelry, photo/video, loss of deposits + more.
For example, a $5,000 engagement ring could cost as little as $50 per year to insure.
Your jewelry deserves the best protection from the company that's been protecting jewelry, and only jewelry, for over 100 years.