Gold Insurance: If you have gold jewellery with you or at home and you are worried about it getting stolen or lost, then there is a good news for you. Now if the jewellery gets stolen, you will get the full money for it.
Gold Insurance: Nowadays, the incident of snatching of gold jewellery has become common, thieves snatch our jewellery in front of us and run away and we are unable to do anything, we just keep rubbing our hands.
If you have gold jewellery with you or in your house and you are afraid of it being stolen or lost, then there is a relief news for you. Now if your jewellery is stolen or lost, you will get the full money for it. For this, you just have to get these few important things done.
If you are buying jewellery, then you should take advantage of the free insurance available during that time. If you get insurance, then you will be given a full refund by the insurance company. Then whether your gold falls on the way, gets stolen, burns in fire, you will be worry-free, you do not need to take tension.
Know what is gold insurance
In gold insurance, the safety of your gold is guaranteed, just like there is insurance for vehicles, health, in the same way, the safety of your jewellery is ensured in gold insurance. If your gold is stolen or damaged in any other way, then the insurance company compensates you for the price of the gold.
But the most important thing for this is that when you claim for it, at that time you should have the receipt of the purchase of the jewelery, if you do not have the receipt then you will not be able to claim. Because every insurance company has its own policy under which it compensates for the loss.
Why is the company paying money
If you are thinking that I have made the gold disappear, the thief has stolen it from my house, the chain has been snatched from my neck, then why is the company paying for my mistake. Actually, when you go to a famous jewelery shop to buy gold, then you get an insurance policy of one year or more along with the jewelery, under this policy the company compensates for your loss.
Which company gives insurance – what is the government’s policy
Till now only a few companies in India provide gold insurance, which includes HDFC, Reliance General Insurance, Royal Sundaram and Oriental Insurance. To claim, as soon as your jewellery is stolen or disappears due to some other reason, first of all you have to inform the company on its toll free number, apart from this you will have to send an email to the company only after which your claim will be processed.
After this, it will be served by the insurance company, if they find your claim correct during that time then only you will get it otherwise you will not get it. In India till now there is no direct interference of the government on this type of insurance.
