Insuring loose diamonds during setting process...

[Dreamer_D]

To anyone who may know: If you purchase insurance to cover a loose diamond while it is being set by a jeweler, what is the typical deductable that you must pay should a loss occurr?

 

[Dreamer_D]

*bump*

 

[Lorelei]

Date: 1/29/2009 11:20:33 AM
Author: dreamer_dachsie
*bump*

I will keep an eye out and bump also for you D until you get an answer!

 

[oldminer]

The insurer I am familiar with, Jeweler''s Mutual, has no deductible that I know about with their policy. I believe JM is one of very few, possibly the only insurance company, to offer coverage during setting of the diamond. It may apply only when both you and the jeweler have JM coverage. I am unsure about that part.

Chubb may also do this type of insurance, but I am not sure if they still offer it.

Anyone else know more?