Jewellery & Watch Cover

What can be covered under Jewellery & Watch Cover?

• Jewellery & Watch Cover covers all new and existing jewellery and watches that are in good condition.
• Loose diamonds, gemstones, gold bullion, loose coins, or artifacts are excluded.

Is there a minimium value to insure my collections?

• The minimum sum insured per item is S$2,500, and a maximum of S$50,000.
• The total sum insured for all items cannot be more than S$50,000.
• Check out our bespoke masterpiece for collections valued above S$50,000.

What is Jewellery & Watch Cover?

• Jewellery & Watch Cover is a worldwide cover, based on an agreed value for specified jewellery and watches. The policy is exceptionally comprehensive, with minimal exclusions against loss or accidental damage.

Is there a deductible?

• in the event of a claim, a S$100 deductible is applicable for each and every loss.

Who can take up Jewellery & Watch Cover?

• Any individual 18 years of age,
• A Singapore citizen, a Singapore permanent resident, or
• A holder of a valid work permit or employment pass or long-term visit pass or dependant’s pass or S pass.

How much should I insure my jewellery or watches?

You can insure your jewellery or watches

• Based on your purchase receipt; or

• Based on your latest appraisal value.

Are there any documents required to take up Jewellery & Watch Cover?

You will need to upload copies of the following documents for quotation:

• Purchase receipt
• Current actual image(s) or your jewellery or watch
• Any certificates or warranty documents
• Appraisal documents

Why do I need to submit purchase receipts and images of my watches or jewellery?

• To ensure that the jewellery or watches are not under or over-insured.
• To prove ownership.
• To reduce the hassle of submitting these documents in the event of claims.

What can I do for my collections if their value has appreciated?

• Jewellery & Watch Cover will include a complimentary annual revaluation upon every policy renewal.
• This ensures that the jewellery/watch is insured at the correct value in the event of loss or damage for the following renewal year.

How do I submit a claim?

• Notify our claim underwriter immediately, call +65 6801 4586 (Mondays to Fridays, 9.00am - 5.00pm, excluding Public Holidays) or
• Email JewelleryClaims.Chubb@qreport.sg.
• The claim underwriter will guide you through the next steps, where you will need to submit a claim form and a police report (if lost or maliciously damaged).

Can I go back to my jeweller for repairs or replacement in the event of a claim?

• Yes, Chubb will encourage that you return to your original or preferred jeweller/watch boutique in the case of a claim.

Who underwrites Jewellery & Watch Cover?

• This policy is underwritten by Chubb Insurance Singapore Limited and distributed by NRM Insurance Agency Pte Ltd.

• Q Report is the trading name and digital platform for Jewellery & Watch Cover and is administered by Jewellers Loop Asia Pte. Ltd, on behalf of Chubb.

• Q Report provides administrative support functions to Chubb for Jewellery & Watch Cover, which includes general inquiries, enrolment, revaluations, and renewals, receiving and collating required information for all claims.

• NRM Insurance Agency Pte Ltd is the authorized representative of Chubb.