GEICO launches separate jewelry insurance policy

insurancebusinessmag | July 08, 2019

GEICO launches separate jewelry insurance policy
GEICO has launched a new insurance product that can help consumers better protect their jewelry.The insurer has teamed up with Jewelers Mutual Insurance Group to offer a separate jewelry insurance policy. The policy covers the entire value of a piece of jewelry or entire collection in the case of loss, damage or theft. A release explained that the premium for the coverage costs about 1-2% of the item’s total value each year.

Spotlight

This year’s report surveyed millennials across a broad spectrum of topics from the state of the industry, what millennials value most, technological advances and shortcomings, and the future of the insurance industry. The Millennial generation is defined as any person between the ages of 22 and 37. The results not only provide employers with fascinating insight into what makes millennials tick, but also make it clear that the industry’s future is being left in good hands.

Spotlight

This year’s report surveyed millennials across a broad spectrum of topics from the state of the industry, what millennials value most, technological advances and shortcomings, and the future of the insurance industry. The Millennial generation is defined as any person between the ages of 22 and 37. The results not only provide employers with fascinating insight into what makes millennials tick, but also make it clear that the industry’s future is being left in good hands.

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