Jewellers Block Policy

Jewellers Block Policy
This is a package policy specially designed for jewellers & diamontaires i.e. those
establishments dealing solely in diamonds.
HighlightsThis is a package policy specially designed for jewellers & diamontaires i.e. those
establishments dealing solely in diamonds.
Jewellers premises are categorised into Class I, II or III depending upon the type of
security provided for the premises.
Discount in premium is available in case the premises have special protection devices
like built-in vaults, strong rooms ,closed circuit T.V. or armed guards.
Scope
The policy comprises four sections which are optional except for section I which is
compulsory.
Section I : Covers loss or damage to jewellery , gold and silver ornaments or plates ,
pearls, precious stones, cash and currency notes whilst contained in the premises
insured, by fire,explosion, lightning,burglary,house breaking, theft, hold up, robbery,
riot, strike and malicious damage and terrorism.
Section II : Covers loss or damage to jewellery, gold etc. as described in Section I
whilst it is in the custody of the insured, his/her partners, employees, directors, sorters
of diamonds or whilst such property (excluding cash and currency notes) is in the
custody of brokers, agents, cutters and goldsmiths.
Section III : Covers loss or damage to property described in Section I whilst in transit
by registered parcel post, air freight or through angadia.
Section IV : Covers loss or damage to trade and office furniture and fixtures in insured
premises due to fire,explosion, lightning,burglary,house breaking, theft, hold up,
robbery, riot, strike and malicious damage and terrorism.
Who can take the policy
The policy can be taken by jewellers who are wholesalers or retailers. The policy
cannot be given to establishments whose work is predominantly manufacturing like
cutters and goldsmiths. The policy also cannot be given to angadias , brokers or pawn
brokers etc.
How to select the sum insured
The sum insured under Section I and II should represent the cost price of the jewellery
items. The sum insured under Section III should represent the maximum loss likely,
arising out of any one incident. The sum insured under Section IV should represent the
market value of the property..
How to claim
In case of any incident giving rise to a claim under the policy , the following steps
should be taken :
1. Inform insurance company within 24 hrs.
2. In case of burglary,theft etc. inform police immediately and obtain FIR
3. Submit claim form and relevant documents to surveyor appointed by Insurance
Co. to substantiate loss.
Contact us for Premium Charts on Oriental Insurance Jewellers Block Policy for Jewelry Stores & Shops  here.

Group Mediclaim Policy

Oriental Insurance Group Mediclaim Insurance Policy:
Brief Description :
Mediclaim Insurance is a cover which takes care of medical expenses following Hospitalisation/Domiciliary Hospitalisation of the Insured in respect of the following situations: (A) In case of a sudden illness (B) In case of an accident (C) In case of any surgery which is required in respect of any disease which has arisen during the policy period. The major benefit for taking a Group Mediclaim policy is that the insured gets a Group discount, hence the premium per person is lower.

Covered Risks :
This cover is a hospitalisation cover and reimburse the medical expenses incurred in respect of covered disease /surgery while the insured was admitted in the hospital as an in patient.The cover also extends to pre- hospitalsation and post- hospitalisation for periods of 30 days and 60 days respectively

Major Exclusions :
Any pre-existing disease,any expense incurred during first 30 days of cover except injury due to accident,all expenses incurred in respect of any treatment relating to pregnancy and child birth. Treatment for Cataracts,Benign prostatic hypertrophy,Hysterectomy, Menorrhagia or Fibromyoma, Hernia,Fitula of anus,Piles, Sinusitis, Asthma,Bronchitis, All Psychiatric or Psychosomatic disorders are excluded from the scope of the cover

Call us for Oriental Insurance Group Mediclaim Insurance Policy for Lowest & Cheaper Premium Rate Comparison with Others.

Faq’s on Overseas/ Travel Insurance

Why do I need Travel Insurance?
Traveling always involves risk, furthermore when traveling abroad you might face any trouble like sudden medical requirement, loss of baggage, and loss of your passport, and spending money in foreign land would really cost you much. Thus travel insurance aids you and your family during contingencies like sickness, accident, loss of passport etc. in a foreign country.

What does the Overseas Travel Insurance policy cover?
• It covers for medical expenses which also includes cashless facility • It covers for any loss or delay of baggage. • It covers for the loss of passport. • It covers transportation of mortal remains • It covers personal accident. • In addition to hospital expenses it covers hospital cash i.e. daily allowance. • It also covers personal liability • It also covers any other kind of financial emergency due to robbery or theft abroad.

Is there any Medical check-up required for taking the travel insurance policy?
There is no Medical check-up required to take travel insurance policy. But a completed and signed Medical Declaration from the Insured is required as a pre-requisite cover regarding his recent health conditions.

When does the cover begin?
The cover begins on the day specified in the policy schedule or the time you board the conveyance when you leave for overseas journey or the contracted departure date as per the policy, whichever is later

What determines the premium?
Premium is determined by the following factors: • Number of days for which you have arranged your trip • The country you are visiting • Age of the person who is traveling

What is the need of Student overseas travel insurance?
During the time of crises when you are far away from home Student overseas travel insurance policy helps and ensures that your stay and study go smoothly in a foreign land.

How will I benefit if I buy the student overseas policy from India?
Buying a policy from India will cost much less of what you would have to pay if you buy it from an international insurance company because the premium is payable in rupees.

What point do I need to keep in mind while buying the policy?
You must go through the Policy Wordings completely and its exclusions before buying the policy.

How will you cover me if my baggage is lost?
If you loose your baggage, then you will be compensated for the lost items against their market value.

What if my baggage is delayed but not lost then how will you cover that?
You will be given the compensation for emergency items like medicines, clothing and toiletries if your baggage is delayed for more than 12 hours.

Will I get a duplicate passport if it is lost?
Yes, the Expenses incurred towards the procurement of a duplicate / temporary passport are covered under the policy.
If I go abroad particularly to get medical treatment, am I supposed to be reimbursed for the same?
The policy doesn’t cover for the planned Medical Expenses; the insurance has coverage only for accidentss or sickness which happen suddenly when you are traveling abroad.

Do I get the money back if there is no claim?
No, the money is not refunded in case there is no claim.

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