Jewellery Insurance Calculator
Estimate annual premium to insure your gold and diamond jewellery
Estimate Your Insurance Premium
Estimated Premium
Annual Premium
Monthly (approx.)
Coverage Amount
* This is an estimate only. Actual premiums vary by insurer, policy terms, and exact jewellery details. Always get a formal quote from a licensed insurer.
Insurer Comparison
Leading Indian insurers offering jewellery / household valuables cover
| Insurer | Typical Rate | Claim Settlement | Note |
|---|---|---|---|
| National Insurance | 0.25–0.45% | ~94% | PSU, wide network |
| New India Assurance | 0.30–0.50% | ~96% | Largest PSU insurer |
| HDFC ERGO | 0.35–0.55% | ~98% | Fast digital claims |
| Bajaj Allianz | 0.30–0.50% | ~97% | Online purchase available |
| ICICI Lombard | 0.35–0.60% | ~97% | Bundled with home policy |
| Tata AIG | 0.30–0.50% | ~96% | All risk cover option |
* Rates and CSR figures are indicative (FY 2024–25). Always verify with the insurer directly.
What's Typically Covered
- Theft and burglary (at home or outside)
- Fire, lightning, explosion
- Transit damage (during travel)
- Accidental damage (all-risk policies)
- Loss during bank locker access
- Robbery / snatching
Typically NOT Covered
- Mysterious disappearance (no proof of loss)
- Wear and tear / scratches over time
- Intentional damage or fraud
- Loss due to negligence (leaving jewellery unattended)
- War, nuclear, civil commotion
- Confiscation by government authorities
Tips to Get the Most From Your Jewellery Insurance
Keep all bills & invoices
Retain original purchase bills, valuation certificates, and BIS hallmark receipts. These are essential for claims and for accurately insuring your jewellery.
Photograph every piece
Take clear photos of each jewellery item from multiple angles. Store them in cloud storage — insurers require visual proof during claims.
Update valuations periodically
Gold and diamond prices fluctuate. Revalue your jewellery every 2–3 years and update your sum insured to avoid under-insurance at claim time.
Use a bank locker
Storing jewellery in a bank locker typically reduces your premium by 15–20% and significantly reduces theft risk for high-value pieces.
Declare everything accurately
Declare all jewellery including gifted pieces. Undisclosed items may not be covered in a claim.
Register FIR immediately
In case of theft or loss, file an FIR with police within 24 hours. Most insurers require this as mandatory documentation for claim processing.