By Admin 
Supplementary Gold Insurance: Recently Diwali has passed in the country. How much gold is worshiped on Diwali? It is difficult to even figure out this matter. But there are many people in the country who buy gold not just as jewellery. But also buy it as investment. But most people keep it in the form of jewelery or gold coins. But have you ever wondered what would happen to this gold if it is stolen or lost?
Most people do not know that some jewelery shops now also provide complimentary gold insurance on the gold purchased. Meaning if you have bought gold from a jeweler and there is an insurance offer with it. So in case of loss you can get a claim for it. Let us tell you what this insurance is, which jewelers offer it and how it is claimed.
What is complimentary gold insurance?
Supplementary gold insurance is actually a kind of free protection cover. Which some selected jewelers give to their customers along with the purchase. To avail this, you do not have to fill any separate form nor do you have to pay any premium for it.
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The value of the insurance is usually equal to the price of gold purchased and is valid for a period of time such as 30 or 60 days. During this period, if your jewelery is lost due to theft or robbery, you can make a claim from the insurance company. However, the terms and conditions of every jeweler are different. Therefore, know about this while purchasing.
How to claim gold insurance?
If you have purchased gold and insurance has been given along with it. So in case of loss the claim process is easy. First of all, inform the jeweler or the insurance company immediately. Then a copy of the FIR or theft report has to be submitted. Along with this, it is also necessary to attach the bill and proof of purchase.
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After complete investigation, the insurance company determines the value of your loss and transfers the amount to you as per the prescribed conditions. Keep in mind that the claim is accepted only then. When the incident has occurred within the duration of the insurance and you have all the necessary documents. Therefore, keep the bill and insurance documents safe while shopping.
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