Like for like replacement

What does this mean?

At Centrestone Jewellery Insurance our policy guarantees a like-for-like replacement in the event of a claim.

Now, we’re not saying that’s not something to brag about, but we do get a lot of questions about the specifics in the event of a claim.
So, look no further for a detailed explanation on what Centrestone Jewellery Insurance ability to like for like replacement really means.

Why should like for like replacement be important to me?

First things first: This policy allows you to have your jewellery repaired or replaced by the jeweller you trust as a like for like replacement.
Many other insurers will merely send your claim to the cheapest jeweller who has quoted repair or replacement. Now that isn’t like for like, especially when you

take into account your jewellers craftsmanship and care they took to supply your original jewellery piece.
Other insurers will merely offer a cap on your jewellery claim, generally between $1,500 and $3,500.
This is normally paid out as a cash payout; And the rest of the value of your jewellery? you’ll have to kick in yourself.

But not as Centrestone Jewellery Insurance

Return to your preferred jeweller of your choice and get a like for like replacement means that if in the event of claim and your jewellery needs to be repaired or replaced, your jewellery is repaired/ replaced by your preferred jeweller, you will receive a replacement that is like for like your original insured jewellery piece.

This is one of the many reasons Centrestone Jewellery Insurance is Australia’s premier jewellery insurance specialist.