i. Individuals, Companies or shops engaged in the business of gold, jewellery, other precious metals and stones. (retail, wholesale, manufacture)

2. Interests which can be insured

i. Stock in trade consisting of jewellery, gold, platinum goods, bullion, precious stones, pearls, watches, clocks, silverware and other similar goods, and crystal etc.

ii. Furniture, Fixtures, Fittings, Plant & Machinery, Office Equipment, Alarm Systems, etc.

iii. Bank Notes (within a certain limit)

3. Scope of Cover

All Risks basis (other than specified Exclusions) up to Full Policy/ Stock limit

i. Burglary, housebreaking, Hold-Up or Robbery

ii. Fire & Allied Perils

4. Cover is available for stocks (within certain Limits) whilst

i. At the identified business locations within UAE and outside UAE.

ii. Carryings by Employees within UAE or elsewhere.

iii. During Transits.

iv. At private residence of employees in a locked safe.

v. At third party locations for repair or valuation purposes (Entrustments/ memo).

5. Basis of Valuation (Claim Settlement)

i. At cost price for property belonging to the Insured.

ii. At Entrustments price not exceeding the cost price for property entrusted to the Insured.