| Like any other traders Gold Merchants are aware of the risk involved in the commodity that they trade in. Gold and Jewellery in generals attracts a lot of attention. The risk of loss and damage involved demands that some kind of security should be put in place. However, no matter what securities are exercised the risk of loss is not totally eliminated. Insurance becomes a solution for providing coverage We at Oman Insurance Company offet the Jeweller's Block Insurance, as the name suggests, provides wider coverage against loss &/or damage to stock, furniture, fitting and fixtures amongst others Under this policy there are specific meaning to the word "Stock" which shall mean goods consisting of gold, jewellery, platinum goods, bullion, precious stones and pearls amongst others. The rate chargeable is always applied on the Total Sum Insured and is very dependent to the scope and extent of cover opted for, security measures in place, house keeping amongst others. There is a Deductible and Conditions to the policy. For detailed information, please call toll free 800 4746 or email call_center@tameen.ae |