SINGAPORE EXPATS FORUM
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Engagement Ring Insurance...
Engagement Ring Insurance...
Can anyone advise me on a good company to insure my engagement ring with. We located to Singapore a couple of months ago from the UK and as we're staying in a Serviced Apartment with very few of our own belongings we do not have any contents insurance.
Any recommendations would be gratefully recieved!
Thanks
Any recommendations would be gratefully recieved!
Thanks
Usually you would add this into the 'high value/art' element of your household insurance, but clearly as you have none that is not an option. The SGn insurance market, and it's offerings are much less competitive than in the west (have a look at the options and cost for annual insurance as an example).
Even in Europe such a stand alone single insurance policy would be hard to do, and then very expensive. I reckon in SG you have no chance I'm afraid.
Better to 'self-insure', i.e. just be very careful and invest instead in domestic security.
Even in Europe such a stand alone single insurance policy would be hard to do, and then very expensive. I reckon in SG you have no chance I'm afraid.
Better to 'self-insure', i.e. just be very careful and invest instead in domestic security.
Congratulations!
Try http://www.qreport.com.au - was given to me by my jeweller. I have also heard that Chubb is very good.
We use our home and contents insurance in Australia (GIO) which gives 30 days coverage for each trip anywhere in the world + coverage in A & NZ.
Try http://www.qreport.com.au - was given to me by my jeweller. I have also heard that Chubb is very good.
We use our home and contents insurance in Australia (GIO) which gives 30 days coverage for each trip anywhere in the world + coverage in A & NZ.
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Did you find somewhere to insure your engagement ring?
I am in the same boat we just moved here and i need my engagement and wedding ring and other jewellery insured. We had it insured in Australia but it doesn't seem to be something people do here. It worries me a little as i would die if anything happened to my rings and we weren't insured.
Please let me know how you went
Thank you
I am in the same boat we just moved here and i need my engagement and wedding ring and other jewellery insured. We had it insured in Australia but it doesn't seem to be something people do here. It worries me a little as i would die if anything happened to my rings and we weren't insured.
Please let me know how you went
Thank you
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I have checked, and there are no insurances available within Singapore. The home contents do cover it, but its expensive and it covers burgery at home (crime rates in Singapore is low, so doesn't make sense too). The insurance is probably more relevant when you are overseas (travel insurance coverage is not enough to cover if the ring is expensive) or when you are out and about.
If anyone has a suggestion, it will be great! I know that this is popular in US but no company in Singapore offers it.

If anyone has a suggestion, it will be great! I know that this is popular in US but no company in Singapore offers it.

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