In today’s complex business environment, corporate leaders face an array of potential risks and liabilities. Directors and Officers (D&O) insurance is designed to protect the personal assets of corporate directors and officers in the event they are sued for wrongful acts while managing a company. At Ambicaa Insurance, we understand the unique challenges faced by …
In jeweler’s insurance, warranties are statements made by the insured (the jeweler) regarding the condition, value, or other relevant aspects of the jewelry being insured. These warranties are important because they form the basis of the insurance contract and can affect the coverage provided. Here are some common warranties in jeweler’s insurance: Warranty of Ownership: …
Protecting Your Precious Investments: Understanding Robbery in Jewelry Insurance Robbery, in the context of jewelry insurance, is a critical consideration for both insurers and policyholders. At Ambicaa Jewel Insurance, we understand the profound emotional and financial value that your jewelry holds when its outside the premises (TRANSIT) by you or your other owners or employees, …
Safeguarding Your Treasures: Understanding Burglary in Jewellers Insurance Burglary is a significant concern for jewellers, given the high value and desirability of their inventory. At Ambicaa Jewel Insurance, we recognize the importance of protecting your business against this risk. Let’s delve into what burglary means in the context of jewellers insurance and how Ambicaa can …
What is an excess or deductibles?? Excess in insurance refers to the amount of money that the policyholder agrees to pay towards the cost of a claim before the insurance company starts to pay. It is also known as the deductible. When an insurance company receives an excess payment from a policyholder, it typically uses …
What is shop lifting?? Shoplifting refers to an extra safeguard provided for the valuable jewellery inventory within your premises, such as a shop, showroom, branches, or any owned locations, allowing customers, visitors, or authorized individuals to browse the products you offer. However, occasionally these authorized individuals may take your merchandise without permission, payment or without …
