Program Summary
Coverage for retailers, wholesalers and manufacturers of jewelry.
The online Abacus Jewelers Block program is structured as a solution for jewelry risks of all sizes, whether a small business or a multi-chained location. The program is flexible enough to allow for the schedule of shipments, salesmen, and exhibitions, and numerous other enhancements.
Coverages
Coverages available through the Jewelers Block program:
| Coverage | Automatically Included | Can be increased to for an additional premium |
| Inventory | ||
| Inventory at Your Premises | n/a | As Declared |
| Property in Safe Deposit Vault of Any Bank, Trust or Safe Deposit Company | n/a | As Declared |
| Property at Premises of Any Dealer, Processor or Simillar Bailee in the Jewelry Trade | n/a | As Declared |
| Show Windows & Outside Displays at Insured's Premises | ||
| Regular Plate Glass | 25,000 | n/a |
| Minimum 8mm Glass | Equals Inventory Limit | n/a |
| Travel | ||
| Travel Coverage (Blanket) | 25,000 | 100,000 |
| Off Premises Coverage (items with Salesmen) | Included | n/a |
| Property Worn By You or Your Employees (at shows Only) | Included | n/a |
| Registered Buyer | Included | n/a |
| Goods In Custody Of Others | 25,000 | 250,000 |
| Shipments by | ||
| Express Carriers | 25,000 | As Declared |
| First Class Registered/Express Mail | 25,000 | As Declared |
| Armored Car | 25,000 | As Declared |
| Merchants Parcel Delivery Service | 25,000 | As Declared |
| Air Freight | 25,000 | As Declared |
| Additional Coverages | ||
| Transit to and from the US Postal Service | 125,000 | n/a |
| Money & Securities | 5,000 | 25,000 |
| Patterns, Molds, Models & Dies | 25,000 | 250,000 |
| Office Contents, Furniture, Fixtures, Tools, Machinery, Fittings | 25,000 | 500,000 |
| EDP (Electronic Data Processing Equipment) | 25,000 | 250,000 |
| Tenant Improvements & Betterments | 25,000 | 500,000 |
| Accounting Expense | 1,500 | n/a |
| Theft Damage to Buildings | 25,000 | 100,000 |
| Earthquake | 25,000 | Inventory Limit |
| Flood | n/a | Inventory Limit |
Lines of Business
Inland Marine
Insurance Companies
Abacus maintains strict requirements with regard to carrier selection. All carriers on abacus.net are required to be top-tiered with an A rating.
Documents
Billing Options
Agency Bill, Credit Card, Financing
Minimum Earned Premium
25%
Eligible States
Click map for a detailed view.
Additional Coverages
In addition to the above, the following are available:
Scheduled Salesmen
Blanket coverage is automatically included for the transporting of stock by salesmen, owners and employees for up to 25,000. The blanket limit may be increased to 100,000. In addition, individual salesmen, owners and employees can be scheduled to the policy for the transport of higher limits.
Scheduled Shipments
Blanket coverage is automatically included for the shipment of items within the United States and Canada for up to 25,000 per shipment. Shipments to other countries can be scheduled as well as shipments above 25,000. Multiple items can be included in a single shipment.
Exhibition Coverage
Coverage can be endorsed for the exhibition of stock at industry events. Coverage is available for the duration of the exhibition as well as for transport of items via armored car.
Peak Season Coverage
The policy can be endorsed to allow for flunctuations of inventory values during peak seasons.
The content displayed on this website is for informational purposes only and is not an offer for insurance. To apply for insurance, contact your broker.
Coverages referenced on this website may not be available in all territories and may vary depending on the exposure. Minimum premiums may vary by State.
