23.09.2020

YOUR JEWELLERY, YOUR RESPONSIBILITY!!

 Show Interest

YOUR JEWELLERY, YOUR RESPONSIBILITY!!

 Show Interest
Do you have up to date valuations for your Jewellery? Or any valuations?? Ever had that diamond ring or Rolex watch valued? 
JRC would like to stress the importance of having an up-to-date valuation for your Jewellery, especially with the significant rises in the price of gold and diamonds. 
It seems that more people are sadly being robbed of their personal possessions. Insurance valuations that were written perhaps a few years ago, have lost their validity and need to be updated.
So why should you have your Jewellery documented and valued?
On majority of home and contents insurance, the single artlcle limit (SAL) is around £1,500. Any item of Jewellery or watches that YOU believe is worth more that the SAL must be specified at the appropriate retail value.
The valuations provide proof you had the item(s), and proof of their value. Without this you may end up with an unfair settlement and no way of proving it. Also, the valuation reports will increase your chances of being successfully recovered by the Police.
It is understandable that it seems like an unnecessary expense to always have your Jewellery valuation updated every few years; however, imagine the scenario; you have your diamond engagement ring stolen, you think you are covered on your insurance to make a valid insurance claim pertaining to the £5,000 value you think your diamond ring is worth, only to be told that as you have no up to date valuations the claim amount will only be for the SAL and significantly lower than what you had thought. JRC continuously deal with countless number of claims that policy holders struggle to find any proof of ownership at all. Whilst at the time it seems unnecessary this will keep your Jewellery at the retail value that it is worth TODAY. 
Call JRC on 020 7430 0073 or email norman@jrc.uk.net for more infomation and speak to one of our friendly team.
  • Insurance
  • Diamonds and gemstones
  • watches
  • jewellery
  • Jewellery Valuations

I have been working in the heart of the Jewellery industry in Hatton Garden, London for over 30 years. I am the director of JRC (The Jewellery Replacement Company Limited). In addition to working…

Legal

Updating your Will

Unlike an iPhone upgrade that does not have major changes, your lives do, therefore it's important to update your WILL…
Business Management

COVID-19; What’s next for businesses in MANUFACTURING

SINCE THE UK LOCKDOWN IN MARCH, MANY IN THE MANUFACTURING INDUSTRY WERE LEFT WITH QUESTIONS, UNCERTAINTY AND LOTS OF…
Legal

Property Ownership

Numerous individuals don't understand that you can possess property with others in various manners. Besides, the way…

More Articles

Legal

Using A Trust for your Estate

For many families, the best strategy for financially providing for the children is to use a Trust. When using a Trust,…
Legal

What Is Probate

What is Probate? Probate is the process of dealing with the estate of someone who has died, which generally means…
Legal

Planning Ahead: Will & Estate Planning

What are your thoughts on planning and creating your Will?

Would you like to promote an article ?

Post articles and opinions on Birmingham Professionals to attract new clients and referrals. Feature in newsletters.
Join for free today and upload your articles for new contacts to read and enquire further.

Find the right professionals in Birmingham

View The Full Index

Search By:

Submit your Enquiry here

Enquiry Details

Contact Details