Jeweler’s Block Insurance

Coverage designed to protect the Insured’s stock, property left with the Insured for repair or other purposes, and the Insured’s interest in and legal liability for property on consignment from others in the jewelry trade. The policy is written on a special form. Some of the more prevalent perils covered are fire, open stock burglary, inside and outside holdup, safe burglary, theft, pilferage, kidnapping, shoplifting, window smashing, damage or loss of salesman’s samples in transit, loss in transit by registered mail, water damage, sprinkler leakage, and smoke damage. See also: Bailee Risk.