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Make sure your ring is covered the right way...

An engagement ring is one of the most important and valuable purchases you will ever make, so you will want to ensure its properly protected with a good quality insurance policy. At Assetsure, we have access to a jewellery insurance policy that has been specially designed to insure single precious items. Cover is arranged on a Worldwide All Risks basis which includes accidental damage, theft and loss.

Engagement Ring Insurance

Assetsure Engagement Ring Insurance ensures your most precious and valuable items are fully protected up to your chosen sum insured, on a new for old basis. You will be protected against: loss, damage, theft, loss of stone and items are insured worldwide giving you complete peace of mind. As specialist jewellery experts we have access to insurance, especially designed to cover valuable items. We offer an excellent service whether you choose to take on insurance online or by calling our service centre which is open 6 days a week.

Insurance cover especially designed for Engagement Rings

Over time and with constant wear, the biggest fear with Engagement Rings, is that the settings will become loose and the stone will be lost. The diamond forms the bulk of the value in the ring and an insurance policy will cover the actual physical loss of the diamond. In the event of a claim, we will liaise with the insurers who will endeavour to obtain a diamond that is as close to the original as possible.

What types of engagement Ring will we insure?

We will consider providing insurance for any type of Engagement Ring that you decide to acquire, this can range from a traditional diamond ring or a modern design featuring synthetic diamonds which are becoming more popular

Traditional Diamond Rings
Classic diamond engagement rings are timeless symbols of love and commitment. They typically feature a diamond as the centrepiece, often set in precious metals like gold or platinum. These rings can vary in size, shape, and quality of the diamond, but they are universally valued. A good jeweller will be able to discuss with you the various attributes of a diamond and explain how they are graded by the various laboratories that provide a diamond grading service.

Vintage or Antique Rings
For something a bit out of the ordinary, vintage, or antique engagement rings have historical significance and unique designs that make them cherished heirlooms. These rings may feature intricate filigree work, coloured gemstones, or distinctive settings. Vintage or antique rings are not always the easiest to replace and are often acquired through inheritance. If you are the owner of one, or are thinking of acquiring one, please make sure you have an up-to-date valuation to ensure you will have an adequate sum insured to obtain a replacement in the event of loss.

Custom Made Rings
Many couples opt for customised engagement rings to reflect their individual style and preferences working closely with a particular jeweller to obtain exactly what they want. These rings may include personalised details such as engraved messages, unique settings, or unconventional diamond shapes. Your sum insured should take into account the specific design and craftsmanship involved in creating a one-of-a-kind piece as in the event of a loss, you will want it remade to your design specifications.

Gemstone Rings
While diamonds are the traditional choice for engagement rings, gemstone rings featuring sapphires, rubies, emeralds, or other coloured gemstones are becoming increasingly popular. These rings offer a distinctive look and may appeal to couples seeking something non-traditional.

Synthetic Diamond Engagement Rings
With advancements in technology, synthetic diamonds, also known as lab-grown or artificial diamonds, have gained traction in the jewellery market. These diamonds offer the same chemical composition and physical properties as natural diamonds but are typically much more affordable. As the trend of choosing artificial diamonds for engagement rings grows, we are happy to provide insurance for them.

Regardless of the ring's style or composition, insurance provides protection against loss, theft, or damage. We will be happy to supply you with a quotation to provide the insurance cover your need.

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What does Engagement Ring Insurance Cover?

  • Loss of stones or diamonds
  • Accidental loss of the ring
  • Accidental damage
  • Theft
  • Cover in the UK and abroad (maximum duration of any one trip is 60 days)

For full details, please refer to the IPID (Insurance Product Information Document) and the policy wording.

Engagement Ring Insurance for a single item

We are specialists in arranging insurance for engagement rings, we are quite happy to obtain quotations and arrange cover for single items of jewellery on their own and there is no need to insure the rest of your home with us. We realise that owners are often people who are just setting up home or perhaps still living with parents or in rented accommodation or have little other contents that require covering. A Stand alone engagement ring insurance gives you the opportunity to protect that single precious and valuable item of jewellery.

Stand alone jewellery insurance is ideal if you only want to cover a single item like an engagement ring. Perhaps if you have just obtained a new valuation for your engagement ring, your existing insurers have informed you that it now falls out side outside the monetary limits of their own policy and if you find yourself in this situation, we should be able to assist you with obtaining cover.

We may be unable to restore the sentimental value of a precious engagement ring, but we can provide engagement ring insurance protection to compensate you for your loss. We will liaise with the insurers to make sue that your claim is dealt with as quickly as possible.

We are based in the UK and policies are arranged for persons that are normally resident in the United Kingdom, cover includes worldwide all risks with no restrictions on how many trips abroad you can make (maximum duration of any one trip is 60 days).

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Some of the features of the policy we arrange are as follows;

Worldwide All Risks Insurance

We can provide physical loss or damage for your engagement ring or other items of jewellery on a worldwide basis. Essential cover as settings can work loose and stones become lost. Not limit to the number of trips abroad that can be made of up to 60 days maximum duration per trip

No Excess

If you have to make a claim under your engagement ring policy, the insurers deduct no excess for specified items

Specified Items

When you buy a policy. we will provide you with a schedule of insurance specifying your engagement ring. If you have other items of jewellery, we will be pleased to add them on as well.

No bonus to lose

By insuring your engagement ring separately, you can help protect any valuable no claims bonus earned under your home insurance policy.

A variety of payment options

We accept all major credit and debit cards and monthly direct debits for your engagement ring insurance.

Money back guarantee

So confident are we in the policy we can arrange, you are allowed a full 30 days to review the policy wording and change your mind if you are not satisfied.

Dealing with Assetsure couldn’t be simpler and your precious item ring can be covered quickly and efficiently by making one quick call or completing our web enquiry form. If you have any questions or simply require some advice, we will also be pleased to hear from you.

We've got you covered...

Accidental Loss

You will be covered if you mis-place or accidentally lose your jewellery. Your policy covers accidental loss
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Accidental Loss

Engagement Rings can easily be lost

Most losses of jewellery occur away from the home, either the whole ring or one of its components such as a diamond.

This can be distressing when it happens and whilst we can’t replace sentimental value, our claims team will work with you and the insurers to quickly replace the item as close to the original as possible.

Loss of stone

Precious stones get lost insurance cover ensures you can replace it if it’s lost.
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Loss of stone

We cover all stones in a ring

Over time stones in a ring can work loose and if they fall out, they are easily lost.

We cover all stones in your ring including smaller ones set on the shoulders or within the band. There is no excess to pay either so items are replaced without deduction.

Rings valued over £10,000 will need to have their settings checked every 2 years from the date you take out the policy with us or this will not be covered. You can choose any jeweller to carry out this check and many will clean the item for you at the same time. In some cases, we can introduce you to a service where the settings can be checked remotely, which can mean a trip to your local jeweller can be avoided. Please ask us for more information about this service.

Accidental Damage

Accidents happen, and if you ring suffers damage, we can help assist you with repair or replacement.
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Accidental Damage

Stones and Precious Metals can be damaged.

With any item you would expect natural ageing, wear and tear but sometimes more serious damage can occur.

Whilst Diamonds are arguably one of the hardest naturally occurring substances found on Earth, they can surprisingly be damaged quite easily, particularly if the shape is an unusual one such as in the case of pear shaped diamonds.

Claws and settings can also become damaged and broken and a “No Excess “policy arranged by Assetsure will pay for repairs.

Worldwide Cover

The Jewellery insurance policy that we can arrange for you provides cover on a worldwide basis.
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Worldwide Cover

Travel the world and be protected by a policy arranged by Assetsure

We can obtain insurance for UK residents and cover their jewellery anywhere in the world, the policy we arrange has no country restrictions and there is no need to tell us or your insurers of your travel plans. You can travel as often as you like providing no one trip is over 60 days in duration.

Your Jewellery will be insured under a policy wording that has been especially developed to cover valuable items such as engagement rings, you can also include other items of jewellery you may own throughout the term of the policy

Theft

Unfortunately items get stolen, your policy will cover you if the worst happens.
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Theft

Thieves may also admire your Engagement Ring

Your precious items are not just attractive to you. Thieves also find them highly desirable especially as they are portable and quite easy to sell on.

With an Assetsure arranged policy you’re covered both at home and away from home including having items stolen whilst you are wearing them. No need to inform us of your travel plans either as the policy we arrange provides unlimited overseas travel as long as no one trip is over 60 days in duration.

When away from home, your engagement ring must be worn, kept under your close personal control or kept in a locked safe.

If there is a theft from your home, there will need to be signs of a break-in for a claim to be valid. For items valued over £10,000, there is a requirement on your policy to keep the item in a safe when not being worn. Please read your policy documents and other supporting literature such as the IPID ( Insurance product information document) carefully.

Find out what makes us different...

Why we stand out...

We are a specialist jewellery insurance intermediary that have extensive knowledge of covering valuable items of jewellery such as engagement rings. We have access to an extensive network of trusted and talented jewellers across the UK that will be pleased to assist to repair/replace your item on a like for like basis.

Premium protection promise

Premium protection promise

We value our customers. Your premium will not be loaded next year by the insurers if you make one claim under £500. We reward loyalty and will guarantee if you find a cheaper renewal quote we will match it.

Excellent Claims Service

Excellent Claims Service

You can easily report a claim to us by telephoning our claims department who can take instructions from you regarding your loss, or if you prefer, you may email us. Full details are contained in your policy document. We’ll assist you to obtain a repaired or replaced item as quickly as possible.

30 day money back guarantee

30 day money back guarantee

We are so confident in the product we supply that we have arranged with the insurers to allow you 30 days to change your mind and request a full refund, this is rather than the generic 14 days given by most. Even if after the 30 days is up, you decide our policy is not for you, we will refund you all of the insurance you haven't used with no deductions from the return of premium.

Treating you fairly...

We will not charge you any additional admin fees to make amendments to your policy or to cancel. We won't use enticing introductory offers to draw you in as we believe the price should be good from the start.

We are so confident in the policy we arrange, that you will be entitled to a full 30 days to change your mind and obtain a full refund. This is an improvement on the 14 days which is normal. Even if after the 30 days is up, you decide the cover is not for you, we will arrange for your policy to be cancelled and a full pro rata return of premium to be provided (Subject to no claim being made).

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