Sheila’s Wheels says household insurance can cover losses and theft.
Almost two-thirds of women admit to having lost jewellery, and one-in-five have been a victim of jewellery theft, according to a study by female-focused insurance web site Sheila’s Wheels.
The company is recommending women take out additional insurance to cover their jewellery, although not necessarily the insurance that is often sold by jewellers alongside customer purchases.
Sheila’s Wheels advises women to look at improving general household insurance. Adding ‘personal possession away from home’ to household insurance means that items like rings and bracelets will be covered if they go missing, the company advises.
“If you do have such cover in place it will not be necessary to take out a separate insurance policy offered by the jewellers,” it states.