Why do I need a Specialist Watch and Jewellery Insurer
If you own a high value engagement ring or an expensive watch like a Patek Philippe, the chances are your insurance won’t cover the full value of this item.
Standard content insurers usually have a ‘single item limit’. This dictates how much insurers will pay if something is to happen to one of your personal possessions. This limit can be as low as £1500, so quite often you will need specialist cover for your jewellery and watches to guarantee a full item cover.
Standard insurance policies can also have considerably low maximum claim limits on all valuables. This means that there could be a limit to your overall insurance payout, despite the value of the items claimed.