Jewelry Store Insurance (JSI) is offering Canadian jewelers specialized coverage solutions designed to protect their high-value assets. JSI highlighted in a news release that this new coverage focuses on jewelers block insurance and general specie insurance.
“Jewelry businesses face unique risks, from inventory theft to loss during transit. Standard insurance policies often fall short of addressing these specific needs, leaving businesses vulnerable. As experts in the field, JSI provides coverage options that ensure full protection for high-value assets, including diamonds, gold, luxury watches, and more,” the news release noted.
The company’s general specie insurance includes protection for inventory stolen or damaged on-site, as well as during shipping. It also covers inventory stored in third-party vaults or displayed at exhibitions.
Emily Newell, underwriter at Jewelry Store Insurance, emphasized the company’s commitment to the jewelry industry. “As a Canadian intermediary, we pride ourselves on being the go-to partner for brokers who specialize in jewelry businesses,” she said. “Our exclusive focus on Jewelers Block Insurance and General Specie Insurance enables us to provide the most comprehensive and specialized solutions in the market.”
The news release highlighted that brokers collaborating with JSI assist their clients by establishing appropriate coverage limits tailored to business size and inventory value, reducing the risk of underinsurance. They also conduct annual policy reviews to ensure that coverage aligns with the evolving needs of the businesses they serve. Additionally, brokers benefit from access to industry specialists, whose expertise helps address the specific risks faced by jewelry businesses.
Jewelry Store Insurance (JSI) provides specialized insurance solutions for jewelers in key Canadian markets, including Toronto, Ottawa, Vancouver, Québec, and Alberta. Its offerings cover on-site inventory security and transit protection, addressing the specific needs of the jewelry sector.
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