Asuransi Perhiasan

7 Things You Need To Know About Gem And Precious Stone Jewelry Insurance

Liga Asuransi Diamonds are  the most valuable gemstone in the world. Diamonds are diamonds that are sharpened very carefully to produce a very beautiful sparkling light. Diamonds will only scratch with other diamonds.

Precious things that fall into the category of jewelry and precious stones are among others engagement ring (Engagement Rings), diamond jewelry (Jewellery), watch (Watch), diamond ring (Diamond Ring), Safe Deposit Box Antick, art objects (Fine Arts), luxury bags (Had Bags), bicycles (Bicycle}, cameras, musical instruments (musical instruments)

Apart from being worn as jewelry, The objects above can also be inherited, even as investments. Diamonds come from the hardest rocks on earth buried within a distance of approximately 100 km. When it is still in the bowels of the earth, it is still in the form of hard rocks formed from carbon. Diamonds are very rare objects.

The rarer and more beautiful a diamond is, the higher its value. The uniqueness and beauty of a diamond is based on a grading known as the four Cs: Color, Clarity, Carat and Cut (color, clarity, carat and cut).

Because diamonds and other precious stone jewelry are priced very high therefore risks faced by the owner is also high. The main risks faced include: theft, burglary, robbery. Apart from that, there are also risks due to rupture, damage, loss, fraud, fire, drift and many other risks.

One solution to overcome this risk is to insure the precious stone. But unfortunately because the risk is too high, not many insurance companies in Indonesia can provide insurance coverage for jewelry. For that you need help from the company insurance broker who have access to insurance companies abroad that have the ability to guarantee these risks.

To find out more about diamonds, other jewelry and matters related to dangers, risks and insurance, below we write down the facts you need to pay attention to:

  1. Diamonds as an investment tool

The advantage of diamonds is that compared to being an investment tool, at the same time diamonds can also be used as accessories that can raise the owner’s self-esteem. Apart from that, diamonds also have sales value with stable profits. Diamond price movements are not as dynamic as other investment products. The advantage of diamonds is that they are easy to carry and are an investment in beauty.

  1. Diamonds as jewelry

Diamonds are always the favorite of all existing accessories and jewelry. Although jewelry encrusted with diamonds has a high price. Usually people choose the type of jewelry that has diamonds for many reasons, including the shape of diamonds or diamonds which are beautiful and attractive and increase a person’s prestige.

  1. Diamonds as a collection

Diamonds as jewelry also function to increase prestige. Those who own diamonds like other types of luxury collectibles represent a special and exclusive class of society. Only certain people can have it.

  1. Diamonds indicate social status

Diamond wearers indicated their social class. The very high purchase price of diamonds means that not just anyone can own them. Although not all of them, many also use diamonds to show their social status, and as a way to show off their wealth and abilities. To increase prestige, prestige and prestige and make people more respected because they have high social status.

  1. Risks that can occur with valuable jewelry

For jewelry, there is an age factor where the price of jewelry can decrease according to the official price calculation which is usually used as a benchmark. Although diamonds are one of the hardest natural substances found on earth, it turns out they can also be damaged easily as a result of falls and impacts, especially if the shape is not as usual as before, for example if the diamond is in the shape of a pair. After an accident, the stone may fall out of the ring and it will need repair at a specialized jeweler’s shop and it will be expensive.

  1. Theft and Robbery

When wearing your ring, you run the risk of having your ring stolen. Jewelry is the item most sought after by thieves and is most likely to be stolen. A jewelry insurance policy will protect you from theft in the event of a claim. For protection when not in use, you should store it in a safe at your home.  Over time, stones in rings can become loose and if they fall, they are easily lost, especially smaller ones that may be on the shoulder or mounted on the band of the ring.

  1. Worldwide Risks

Because jewelry owners often travel to various countries, there is a potential risk of loss, theft and robbery in the destination country. For this reason, you need insurance coverage that can provide coverage anywhere in the world and has no country restrictions and does not need to tell you about your travel plans. You can travel as often as you like.


Insurance policies for diamond rings and other jewelry can be issued as stand-alone insurance policies, such as for engagement rings or eternity rings but can only be provided by certain insurance companies.

Jewelry insurance policies are specifically designed to cover the items you value most. An insurance policy that provides extensive insurance protection, with several limitations or conditions, specifically for diamond rings that are often worn continuously.

A good jewelry insurance policy can cover risks worldwide, this is the form of personal property protection you need. Providing all the protection you would expect in an insurance policy designed to cover valuable items such as; accidental damage, theft and loss. When handling claims and replacing goods.

For insurance on diamond rings with very high value, insurance companies will consider each case based on its merits, many insurance companies have special considerations for assessments that are far above the average price.

How much is your ring worth? Appraisals are usually given based on the price of a new ring but you should look to update the price at least once every few years. To deal with losses resulting from loss or damage to an item, it is important to carry out an accurate appraisal so that the insurance company can replace the item accordingly for you.

That’s our explanation about jewelry insurance.

Currently, many Indonesians have jewelry in various forms. According to an insurance colleague from Singapore, according to survey results, Indonesians are among those who own the most expensive jewelry in various forms. But unfortunately they have not utilized insurance coverage as an alternative protection for these high-value assets.

To get protection jewelry insurance It’s not easy, you need help from an insurance broker company that is experienced and has access to various insurance companies in Indonesia and abroad to provide insurance protection.

For your ship’s P&I Insurance needs, contact L&G right now!


24 JAM L&G HOTLINE: 0811-8507-773 (CALL – WHATSAPP – SMS)



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L&G Insurance Broker Registered by OJK KEP-667/KM.10/2012
Proses hanya 24jam
Asuransi Marine Cargo Lebih Untung Dengan MOP
(Marine Open Policy)
Chat kami di WhatsApp untuk info lengkap!