Whether To Insure Engagement Rings Against Damage

As a newly engaged couple you may wonder whether it is prudent to insure your diamond engagement rings.

People never question the feasibility of insuring significant investments such as the car, the home or indeed their health. Although engagement rings are a sentimental and emotional investment, there is also a significant financial investment attached to it. Therefore it is always the wise choice to sign up to jewellery insurance to cover the cost of your engagement rings if they get lost, stolen or damaged.

You may still think it overly cautious to insure the engagement rings, but you cannot predict what might happen to them. Even simple, every day housecleaning chores can cause damage to the setting of the diamond or the band itself. Sports can also loosen diamonds from their settings and create small defects in its surface that may go undetected until it’s too late. Regardless of how well you care for diamond engagement rings you may find that you need insurance along the way.

Damage

Check that an insurance policy will cover the type of damage your ring may befall such as a twisted setting, a lost diamond or warped band. Car accidents can damage jewellery significantly and if you have a medical emergency you may need the ring cutting away from your finger. If you invest in good quality insurance you will be able to rest assured that other than having to contribute towards your excess fee the cost of your engagement ring will be covered.

Here at Marlows we offer an exquisite range of diamond engagement rings.

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This entry was posted on Monday, January 4th, 2010 at 10:00 am.

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