This cover is specifically designed for Gold & Jewelry merchants whose trade is exposed to various perils despite sound security measures.
Risks Covered
- Loss and/or damage to stock consisting of gold, jewelry, platinum goods, bullion, precious stones, pearls and the like whilst on your business premises.
- Loss and/or damage to your furniture, fixtures and other contents whilst on the business premises
- Loss and/or damage to stock whilst being carried within a defined geographical area.
Major Exclusions
- Unexplained losses
- War, terrorism and sabotage
Period of Insurance
The coverage is usually provided for a period of one year.
Deductible
The policy may have a time or a monetary deductible
Presale and After Sale Services
We have a professional and experienced team of underwriters who can assist you:
- in the proper understanding of insurance’s coverage
- in answering your queries
- in advising you on the information required by underwriters to quote terms
- in completing the proposal form if applicable
- in advising you on covers to meet your requirements
You must alert us of any accident that may lead to a claim covered under the policy, and our team of experts will assist you in the quick settlement of the claim.
Premium Rate
Premium rates are based on:
- Location of the business premises
- Number of employees
- Limits of exposures
- Employees’ status and credibility
- Security arrangements in the business premises
- Security arrangements during transits away from business premises
- The Internal checks and control procedures you abide by
- Management and operational standards
Important Information
Please note that for the easy understanding of the insurance policy, we have highlighted the important aspects. We will be glad to receive your queries and discuss the full set of policy terms, conditions and exclusions.
Call us as soon as possible, in case of an accident, and our team of experts will guide you through the claim process. For more information, please contact Nasco Gulf at +971 4 351 8610