Target Market Determination
Centrestone Jewellery Insurance the premier Jewellery Insurance service
About The Target Market Determination
This Target Market Determination (TMD) applies to Centrestone Jewellery Insurance.
The TMD helps our customers, distributors and staff understand the class of customers for which the Product has been designed, considering their likely needs, objectives and financial situation.
The TMD is not intended to provide financial advice and does not form part of the terms of cover. In addition to the key eligibility requirements outlined in the TMD, the Product is subject to acceptance criteria. When making a decision about the Product, customers should review the Product Disclosure Statement (PDS) and any supplementary documents, which outline the relevant terms, conditions, exclusions and insurance cover under the Product.
The combined PDS and Financial Services Guide for the Product can be found here.
Our Insurance
Centrestone Jewellery Insurance is the premier specialty jewellery insurer that serves its customers within Australia.
Centrestone Jewellery Insurance offers the most comprehensive insurance in the market for your precious jewellery and timepieces. Underwritten by Berkley Insurance Company (ABN 53 126 659 706, AFSL 463 129).
It is our mission to provide a premium service, offering the highest level of protection for your precious jewellery. Centrestone has worked with Berkley to ensure we have the most competitive premium rates in the market whilst providing the highest level of cover.
As an expert in local underwriting and fast and fair claims handling, Berkley allows us to provide an insurance policy that has been specifically tailored to the needs of jewellery. Centrestone is able to offer an all-inclusive policy with very competitive pricing for the insurance of your jewellery.
Centrestone Jewellery Insurance is issued and administered by:
The insurance is administered by Centrestone Insurance Pty Ltd ABN 28 610 253 891 (Centrestone) and issued by Enable Underwriting Pty Ltd ABN 81 610 250 425 (Enable) on behalf of Berkley Insurance Australia (ABN 53 126 559 706) (AFSL 463129). When arranging this Policy or agreeing to insure You, Centrestone is acting under a binder agreement as an agent of the insurer and not as an agent for You.
Centrestone Jewellery Insurance is underwritten by:
The Policy is underwritten by Berkley Insurance Company (Berkley) ABN 53 126 559 706 AFSL 463 129.
Jewellery Insurance FAQ
A jewellery Insurance policy covers you for the loss, theft, or damage of your jewellery items. It is designed to protect your investment in valuable jewellery, such as engagement rings, wedding bands, and other precious heirlooms.
Jewellery insurance is not required, but it can be a good idea for individuals who own expensive or sentimental pieces of jewellery. If you have jewellery that is worth a significant amount of money, or that holds sentimental value, jewellery insurance can provide peace of mind and financial protection in the event of loss or damage.
Applying with Centrestone is very quick and easy to do!
You can apply for a policy or receive an instant quote on our website by clicking here.
You can make an application through our website. You will be required to upload some photos and documents which you can do immediately through our website, or we will also send you an email with a link to upload the documents when you are ready. Once you have provided the required documentation our friendly team will contact you as soon as possible to process your policy.
Jewellery insurance policies may cover a variety of risks, including loss, theft, damage, and disappearance. Some policies may also cover the cost of repair or replacement, as well as the value of the jewellery at the time of the loss. The Centrestone Jewellery Insurance policy covers for accidental loss, damage and theft and in the event of a claim the policy provides a like for like replacement of the insured item.
Jewellery insurance policies may not cover certain types of losses, such as losses that result from normal wear and tear or losses that occur while the jewellery is being repaired. It is important to carefully review the terms and conditions of your policy to understand what is and is not covered.
Centrestone Jewellery Insurance does not offer cover for personal jewellery items which are:
- Significantly modified items such as modified watches
- Mens chains, mens bracelets and mens earrings
- Have an insured value of less than $500
The cost of jewellery insurance can vary depending on the value of the jewellery being insured, the type of coverage being purchased, and the insurance company offering the policy. Get an obligation free instant quote here.