This is a package policy specially designed for jewellers & diamontaires i.e. those establishments dealing solely in diamonds. jeweller's premises are categorized into Class I, II or III depending upon the type of security provided for the premises.
Discount in premium is available in case the premises have special protection devices like built-in vaults, strong rooms, closed circuit T.V. or armed guards.
This policy is more suitable for jewellers who are wholesalers or retailers. The policy cannot be given to establishments whose work is predominantly manufacturing of jewel stones like cutters and goldsmiths. The policy also cannot be given to angadias , brokers or pawn brokers etc.