Do jewelers also give free insurance on buying gold, know what is this scheme and how to get its benefit?

Gold Insurance: The jeweler from whom you buy gold. So he also gives you insurance for your jewelry. How can you also take advantage of this? Let us tell you the whole news.

Gold Insurance: Many people in India buy gold. The price of gold is also increasing day by day. Therefore, buying gold is a good option from the investment point of view. Some people invest in gold. At the same time, most people buy gold jewelry directly. Because jewelry can also be worn in weddings and functions. But the problem with jewelry is that there are chances of theft.

Chain snatching and such incidents are being seen a lot these days. Due to which people suffer losses. But do you know. From where you buy gold. So you also get insurance for your jewelry from that jeweler. How can you also take advantage of this. Let us tell you the whole news.

Insurance is available with gold jewelry

When you buy gold jewellery from a jeweller, you are also given insurance on your gold jewellery. Not only this, if the gold jewellery you buy gets lost somewhere, then this insurance comes in handy on such occasions. But many people do not know about this and due to this they miss out on taking advantage of this scheme. Let us tell you that jewellers like Malabar, Tanishq and Senko Gold and Diamond give you insurance for free along with buying gold.

These things are covered

Let us tell you that when you buy gold jewellery from a jeweller, you are given free insurance. This insurance policy covers the damage caused to your gold jewellery. In which any kind of damage caused by things like earthquake, flood, riot, snatching, robbery, dacoity and accident is covered.

Can the policy be renewed?

The free insurance provided by jewellers is usually for 1 year. Different jewellers may have different rules for this. Some people wonder if this policy can be renewed. So let us tell you that some jewellers provide this facility and some do not. That means you can get it renewed. However, you will have to pay a separate charge for this.