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life insurance in dubai
life insurance in dubai
life insurance in dubai

Fill out the form Complete the basic form that hardly takes 3 mins of your time.

life insurance in dubai
life insurance in dubai
life insurance in dubai

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Our In House experts do that task for you and it hardly takes a couple of minutes ( Depending on your needs ) for them to advise you on the best insurance that fits your needs

life insurance in dubai
life insurance in dubai

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A single burglary can wipe out a jeweller’s profit for the year. Gems are lightweight, high in value and easy to conceal, which makes them attractive targets for thieves. Jewellers Block Insurance exists to protect retailers, wholesalers and manufacturers from the unique risks of dealing in diamonds, precious metals and finished jewellery.


What Jewellers Block Insurance covers


Jewellers Block Insurance is a specialist policy that bundles multiple protections under one schedule:


  • Stock and goods in trade: diamonds, watches, gemstones, precious metals and finished pieces inside display cases, safes or vaults.

  • Show and exhibition risks: cover for trade fairs at Dubai Gold Souk Extension, JGT Dubai or Abu Dhabi Jewellery & Watch Show.

  • Fidelity guarantee: theft by employees, commission agents or errand staff.

  • Premises damage: repair costs if burglars smash display windows or disable alarm systems.

In addition, policies can extend to mysterious disappearance, worldwide travel carryings and loss while being set in mountings.


Underwriting considerations in the UAE market


Insurers offering Jewellers Block Insurance scrutinise security protocols more intensely than with ordinary property policies. Key factors include:


1. Grade of safe or vault (UL-rated or equivalent).

2. 24-hour CCTV with offsite recording.

3. Monitored alarm linked to police response.

4. Dual control procedures for key holders.

5. Use of approved transit carriers with GPS tracking.

By investing in robust security, jewellers lower their risk score and negotiate more competitive premiums.


Typical limits and deductibles


Stock values fluctuate with gold and diamond prices, so many UAE jewellers choose sum insured limits between AED 5 million and AED 100 million. Deductibles may start at AED 10,000 for burglary and climb to 10% of loss for mysterious disappearance. Higher excesses reduce annual premium but must be affordable if a claim arises.


Claim handling and loss prevention


When theft occurs, immediate steps include notifying the police, preserving CCTV footage and providing purchase records. Insurers may appoint independent gemologists to verify quality and carat weight. Because swift settlements are critical to replenishing stock, maintaining up-to-date inventory records streamlines adjustment. Insurers also offer complimentary risk surveys that highlight weak points such as lighting, staff background checks or panic-alarm drills.


Buying the right cover online


Insurancehub.ae partners with global jewellery underwriters and local carriers to deliver tailored quotations within hours. Our platform allows you to select automatic seasonal increases for peak shopping periods like Diwali and Eid, ensuring adequate limits without paying for unused capacity year-round. You can also bundle public liability for showroom visitors, saving additional cost. Explore broader commercial policies in our Types of Insurance Offered in the UAE article.


Whether you are a boutique selling bespoke engagement rings in Jumeirah or a wholesaler exporting certified diamonds to Europe, Jewellers Block Insurance protects your livelihood against burglary, fraud and transit losses. Implement strong security, keep meticulous records and leverage InsuranceHub’s comparison engine to secure comprehensive, competitively priced protection.


Almost 78.3% of Our current Customers actually choose Insurancehub because of the following reason:

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Most of our First Time customers couldn’t believe that Buying Insurance Online is as simple and affordable.

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We help you to get the Best Deal on any Insurance at a very affordable price ( Insurancehub. ae Customers save almost up to 40% as compared to others )

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Saving is the Ultimate Mantra…

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We just don’t treat our customers as Just customers rather friends. And Insurancehub is that friend who will never forget you whenever you’re in Need. We take this part of our Operations were carefully so that you get a seamless experience.

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