NEEHAH, Wis., Oct. 8, 2015 /PRNewswire/ --In a study by Jewelers Mutual Insurance Company, it was discovered that approximately 40 percent of U.S. households with an engagement ring do not have insurance to protect it.*
Why are people not insuring one of the most expensive items in their home? Consumer interviews revealed lack of awareness and understanding of jewelry insurance may play a role in the oversight.
To fulfill the unmet need for information, Jewelers Mutual introduces The Essential Buyer's Guide to Jewelry Insurance – a tell-all ebook that helps jewelry consumers decide how best to protect their jewelry with confidence.
The 24-page ebook is available at JewelersMutual.com/BuyersGuide for consumers to easily download and determine if jewelry insurance fits their needs. "We want jewelry owners to leave no stone unturned," said Trina Woldt, Jewelers Mutual Chief Marketing Officer.
"People who put meticulous thought into selecting the perfect piece of jewelry tend to also be careful decision makers when it comes to protecting their investment," added Woldt. "The Buyer's Guide was created with them in mind."
The all-inclusive ebook includes such important details as:
- The difference between repair or replacement coverage versus a cash policy
- What worldwide coverage really means
- How much it costs to insure jewelry
- What a deductible is and how it can affect annual premium
- What to expect in the event of a claim
Whether or not people decide Jewelers Mutual is right for them, Woldt assured they'll be ready to make a fully-informed, confident choice after reading The Essential Buyer's Guide to Jewelry Insurance.
"Everyone should have the freedom to wear their jewelry without worry," said Woldt. "That's why we're dedicated to educating jewelry owners and purchasers about the importance of insurance to help protect their jewelry for all its worth, sentimentally and financially."
For more information about specialty jewelry insurance from Jewelers Mutual visit JewelersMutual.com, contact a licensed representative for a personal consultation at 888-884-2424 or email [email protected].
*Relative Value of the Engagement Ring Study, Jewelers Mutual Insurance Company, March 2014
Coverage and pricing are subject to underwriting review, and to policy terms and conditions.
ABOUT JEWELERS MUTUAL INSURANCE COMPANY
Jewelers Mutual Insurance Company, the only insurer dedicated solely to serving the jewelry industry in the United States and Canada, was founded in 1913 by a group of Wisconsin jewelers to meet their unique insurance needs. Today, Jewelers Mutual remains the trusted insurance advisor and loss prevention expert for nearly 10,000 jewelry business locations including retailers large and small, wholesalers, manufacturers, custom designers and appraisers. More than 300,000 consumers trust Jewelers Mutual to protect their personal jewelry. The company's strong financial position is reflected in its 28 consecutive ratings of "A+ Superior" from A.M. Best Company and more than $14 billion of jewelry coverage in force. To learn more, visit JewelersMutual.com.
© 2015 Jewelers Mutual Insurance Company
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SOURCE Jewelers Mutual Insurance Company
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