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If you're fortunate enough to possess items of highly-priced jewellery, it is vital that these precious jewellery pieces are properly covered by a professional high value home insurance policy, as their value will probably be far more than the absolute maximum insured limits given by an average house contents insurance plan.

Covering your important items of jewellery can be challenging. The majority of regular house contents insurance plans are only ideal for moderate amounts of jewellery, where the maximum covered value is fairly low. The single item limit, on these kinds of insurance plans could be as low as £750 for individual items of jewellery. Whereas an expert high value home insurance policy will offer you cover with no pre-set maximum sum insured or individual item limits.

Select a professional engagement ring insurance policy

An expert high value home insurance policy provides the perfect option, for those who have recently acquired or inherited a very costly item of jewellery, for example a diamond ring or diamond necklace. This specialist kind of insurance plan provides you with the best jewellery insurance cover at the most economical price.

A typical, high value home insurance policy will give you jewellery insurance cover on a world-wide "All Risks" basis. Along with offering a better degree of jewellery insurance and ring insurance cover, this kind of specialist policy will even cover all your personal possessions on a global basis. Many policies also permit a complete cash pay out, in the instance of complete loss or damage to your specific items of jewellery, with no policy excess being applied, whereas regular insurance policies will demand that all of the items are replaced using a like for like basis

Consequently, deciding on the best jewellery insurance or ring insurance plan provides you with the satisfaction, that in the event that disaster strikes, your important items of jewellery are going to be completely protected.

Denise Judge has over 18 years experience in insurance. She is the MD of an independent Insurance Brokers, based in Islington, North London. She has previously worked as an underwriter, a claims adviser, a property surveyor and a loss adjuster.