Products Professionals & Businesses Jewellers’ Block & Fine Arts

Jewellers’ Block & Fine Arts

An extremely important coverage for businesses that retail and manufacture in jewellery or have precious stones excluded from their standard property policy.

**Available for  Ontario Saskatchewan Manitoba Alberta  and British Columbia 

Target

  • Retail
  • Wholesailers
  • Manufacturers
  • Additional appetite for
    • Storage / bank vaults
    • Musical instruments
    • Fine art gallery & museums
    • Gemologists
    • Goldsmiths
    • Coin & stamp retailers

Coverage

Product Advantages

  • Jewellers block
  • CGL
  • Business interruption
  • Tenant legal liability
  • Non-owned auto
  • No claims bonus
  • Cash on premises
  • Visual loss or damage on premises
  • Tenant betterments and furniture fixture coverage

    • Quote requirements
      • Completed application
      • Up to date loss history
      • Minimum stock of CAD $250,000
      • Minimum premium $1,500

Underwriting norms

Available Limits

  • Broad capacity for stock coverage
  • Up to $5,000,000 CGL
  • Up to limits of $50,000,000 in Excess
  • Access to all of the Lloyds syndicates that specialize in Jewellers’ Block for higher limits and referrals
  • Common Ineligible Characteristics
    • Risks with stock limits less than $250,000
    • Risks without a minimum class 3 burglary resistive safe
    • Locations without a monitored alarm system

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