It\u2019s perhaps counterintuitive, but so very true: the more valuable the item, the less you\u2019re going to want to use it. For instance, you might worry about it getting damaged, lost, or stolen. However, while those sparkling earrings are safer in your jewellery box, it\u2019s a shame to leave them sitting there. After all, what\u2019s the point of owning them if you can\u2019t freely use them? Knowing that your items are protected though jewellery insurance will encourage you to wear them more often!<\/p>\n Going on holiday means you\u2019ll want to look and feel your best. That means bringing your jaw-droppingly gorgeous necklace with you. But you shouldn\u2019t have to worry about misplacing your valuables whilst traveling as there\u2019s already a million other worries to deal with. Of course, securing jewellery insurance doesn\u2019t mean you can be negligent. It just means you can focus on the important stuff like making new memories, rather than being consumed by fears of losing your precious items.<\/p>\n Engagement rings are common jewellery that most people are attached to because there\u2019s only one that you wear every day. Although you can be careful to protect your engagement ring, without the need for engagement ring insurance, there are many things out of your control. For example, your fingers might change size due to the temperature<\/a> or your friends may be excited to try it on. Everyday wear and tear is natural, so insurance for jewellery is a sensible choice.<\/p>\n Whether you inherited that timeless Rolex watch or decided to spoil yourself by purchasing one, it would be nice to keep up your family legacy by passing it down to the next generation. So much of what one pass down to one\u2019s children is intangible, such as life lessons or practical skills, but a treasured watch is tangible. It\u2019s a token of your bond that can be touched and felt. Pass it down on an important occasion like a birthday, graduation, or wedding. However, before you do that, you\u2019ll want to ensure the watch is protected through jewellery insurance.<\/p>\n Luxury jewellery does not come cheap as it can easily set you back thousands of dollars. In comparison, the cost of a jewellery insurance plan is negligible. Annual premiums are typically around 1-2% of the jewelery\u2019s value, which is determined through appraisal. In Pacific Prime Singapore\u2019s Jewel Plus + plan<\/a>, plans start from SGD $57.50 and a free appraisal is performed by our partners in most cases. However, sentimental valued items require you to hire a specialist.<\/p>\n Don\u2019t remember exactly how, where, and when the loss occurred? Don\u2019t worry as jewellery insurers classify this as \u201cdisappearance\u201d and you can still expect to be covered. If you go with our Jewel Plus + plan<\/a>, you\u2019ll get comprehensive features including things like:<\/p>\n Jewellery isn\u2019t just a pretty thing – often, it can be a solid investment. Avi Hiaeve, founder of Avi & Co., an exclusive high-end retailer, told Business Insider<\/a> that most understand that many luxury watches hold good investment value. Given that one may buy jewellery for investment purposes, the premium for jewellery insurance can all the more be justified. It\u2019s not a waste of money on something that looks nice, but it\u2019s a sensible move to protect and safeguard your most valuable assets.<\/p>\n \u201cA lot of people turn from a hobby to a business in the watch game. A lot of collectors that I know that used to buy from me, after a while they started buying for investments – buying, selling, and trading\u201d – Avi Hiaeve, Founder of Avi & Co.<\/p><\/blockquote>\n Securing jewellery insurance has never been easier – read our short guide on jewellery insurance<\/a> to learn about what it covers and how to evaluate items. If you\u2019d like to obtain jewellery insurance<\/a>, going through a broker like Pacific Prime Singapore<\/a> makes things easier – we leverage our global presence, give you impartial advice, and offer you the best value for your money. We\u2019ve been in the insurance business for over two decades, offering a broad spectrum of insurance products like private health insurance<\/a> and business insurance solutions<\/a>.<\/p>\n![](\"https:\/\/www.pacificprime.sg\/blog\/wp-content\/uploads\/2024\/07\/Blog-Banner_Singapore_1.jpg\")
<\/a><\/p><\/div>\n\n1. Keeping those sparkling earrings in the jewellery box is a shame<\/h2>\n
2. You shouldn\u2019t have to worry about your expensive necklace when you\u2019re traveling<\/h2>\n
3. An engagement ring is something you put on every day, so wear and tear is only natural<\/h2>\n
4. Pass your Rolex down to your children, who will do the same with theirs<\/h2>\n
5. It\u2019s not going to cost you a fortune (unlike, your jewellery itself!)<\/h2>\n
6. Unlike some other insurance policies, jewellery insurance is very comprehensive<\/h2>\n
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7. For investment purposes, you can justify the premium for jewellery insurance<\/h2>\n
8. Brokers can make the process of securing jewellery insurance a piece of cake<\/h2>\n
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