Jewelers Block

A block jewelers policy is a lot more comprehensive and inclusive. This type of policy is designed for large businesses in the jewelry industry. Block policies cover full inventories with no maximum limits. Whether its jewelry items or gifts that are not jewelry items, a block policy will cover all items for sale within your business. When you have a block policy, you must submit a full list of inventory values, etc. before any policy renewals and updates take place. This ensures that your insurance agency has the information required to fully cover your business. Block policies are warranted policies, which means your coverage is based on your application and relies on the information contained within it to be up-to-date and maintained. Block policies also require that you have maintained security systems within your business.