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Specialist Insurance

Jewellers Block Insurance

Combined stock and premises cover, purpose-built for jewellery, gems and high-value goods businesses.

Workshop / showroom
Stock secured
Transit, where needed
Insured stock & premises
Overview

What is Jewellers Block Insurance, and why does it matter?

Jewellers Block Insurance is a package policy designed specifically for jewellers, gemstone dealers and high-value goods businesses. It typically combines cover for stock (at your premises, in a bank locker, or in transit) with cover for the premises itself, under one policy rather than several separate ones — and is often required by lenders as a condition of working-capital finance.

Who should consider this

Risk

Risks this cover helps address

Coverage

What can be covered

Stock at rest

Cover for stock held at your declared workshop, showroom or safe/locker location.

Fire, burglary & theft

Combined in one policy rather than arranged as separate covers, which is the core appeal of a Block policy.

Premises cover

Cover for the building and fittings alongside the stock inside it, depending on the policy structure.

In-transit extension

Optional or built-in cover for stock moving between your own premises, exhibitions or a bank.

Optional covers & add-ons

Read carefully

What's typically excluded

Every policy is different — this is a general guide to the kind of exclusions common in this category, not a list for any specific policy.

Buying & documentation

What affects your premium, and what you'll need

Premium factors

  • Declared stock value (sum insured)
  • Premises security standard
  • Location and claims history
  • Whether in-transit cover is included
  • Business turnover and stock-holding pattern

Documents usually needed

  • Stock valuation / inventory records
  • Premises security details (safe, alarm, CCTV)
  • Business registration documents
  • Previous policy copy, for renewals
  • FIR copy, for theft/burglary claims
If something happens

How a jewellers block claim works

1

Secure the premises

Prevent further loss — secure the safe, premises or remaining stock immediately.

2

File an FIR

Generally essential for theft or burglary claims — file without delay.

3

Preserve evidence

Keep packaging, security-case seals and any transit documents — don't discard anything.

4

Notify us or your insurer

Share your policy details and the FIR as soon as you reasonably can.

5

Prepare a stock/valuation statement

Invoices, certificates and valuation records supporting the declared value, then submit for survey/assessment.

For full step-by-step guidance and a claim assistance form, visit the Claims Centre →

Learn more

Understanding Jewellers Block Insurance

Video Guide Coming Soon

We're preparing a short explainer on jewellers block insurance. In the meantime, the sections above cover the essentials — or get in touch with a question.

FAQ

Frequently asked questions

Is a Jewellers Block policy the same as a shop/property policy?

No — a standard property policy isn't built for the concentration of value typical in jewellery stock, and often under-serves or excludes it. A Block policy is purpose-built for that risk profile.

Does it cover stock while I'm carrying it to a customer or exhibition?

Many Block policies offer an in-transit extension for this, but terms vary — this is worth confirming explicitly rather than assuming it's automatically included.

Will my bank accept this as proof of stock insurance for a loan?

Jewellers Block Insurance is a common and generally accepted way to demonstrate stock cover for working-capital financing, though the specific requirement is ultimately your lender's to confirm.

You may also need

Related cover worth considering

Ready to get a jewellers block quote?

Tell us what you need covered — no payment or policy details required to start the conversation.

Actual coverage, exclusions, limits, deductibles, eligibility and terms depend on the insurer, the policy you select and underwriting. This page is general information, not a quotation or a guarantee of cover — nothing here is a substitute for reading your policy wording, and no coverage exists until a policy is issued by the insurer.