04 Dec 2021
DiamondWorld Directory
Home |
Chola gives Gem & Jewellery trade risk cover
To insure the complete risk cover for jewellery from landing in country to export
By: Diamond World News Service
Dec 30 2005 12:00AM
Reference: 138  


Cholamandalam MS General Insurance (Chola MS), a joint venture between the Murugappa Group and Japan-based Mitsui Sumitomo, launched Jeweller’s Block, a comprehensive insurance package for the gem and jewellery industry. The policy promises insures gems and jewellery from the time it lands in India until it is exported.Jeweller’s Block provides all risk cover for diamond dealers and jewellery manufacturers, which includes transactions in diamonds, precious stones, jewellery and bullion.

The scheme provides cover for insured gems and jewellery when they are on show in domestic and international exhibitions.The package also offers coverage for boiling and casting operations outside of business hours, in contrast to the current industry practice. Other options include terrorism cover and the choice of voluntary deductible for premium savings.

“With comprehensive protection covering loss to stock - both in premises and domestic transit - infidelity of employees and asset protection to ensure business continuity, Jeweller’s Block will ensure peace of mind to gems and jewellery traders,” said Arun Agarwal, managing director of Chola MS.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
*  Name:
*  Mobile:
*  Email:
Subscribe for DiamondWorld weekly Newsletter
Search News by City
Recent Issue
News in Pictures
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 30163
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 6625
GJEPC Chairman Interview
Views: 26421
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 36330
Promo for IJ Awards 2012 at NDTV Profit
Views: 50276
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 63633
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 20386
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 48273
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 47420
DW Whatsapp Sub sq
Member of:
Supporter of: