Many items of jewellery or watches can increase in value over time. We insure your items on an Agreed Value basis.
This is based on the valuation given by you at inception of your policy or at a subsequent renewal of your policy, our cover is intended to put you in the same financial position you were in before the loss occurred, so we therefore agree to pay for the repair or replacement or issue a voucher up to the limit provided in your insurance schedule.
The value of your items must be substantiated by proof of/evidence of ownership and/or a valuation based on the full value of your item(s)
NOTE: Valuations must be within the last 3 years and from a National Association of Jewellers (NAJ) approved valuer