Up to 150% Cover for your jewellery

What does this mean?

Terms and conditions are a necessity in any insurance policy. But we’ve got one at Centrestone Jewellery Insurance which we’re proud of and excited to tell you about:

Up to 150% Cover.

Let’s talk about what that means. Let’s say you bought a ring for $10,000, and a year down the road the replacement value of the ring has changed dramatically. Perhaps the cost of precious metals increased, or the diamond market has surged. It can even be something like a poor exchange rate that can lead to a higher replacement cost.

So if there is a shift downward in the Aussie dollar, you might find yourself in the situation that you can’t replace that fabulous diamond engagement ring for the sum insured!

What happens next? Normally with other insurance providers you’ll just have to kick-in yourself or settle for an engagement ring at lesser value.

But not at Centrestone Jewellery Insurance.

150% cover means that if the replacement costs exceeds the agreed insured value, your ring is covered to the value in excess of 50%. This cover ensures that you are back into the same position you were in prior to your loss.

That’s because we care. This is what makes Centrestone Jewellery Insurance, Australia’s premier jewellery insurance provider.