Gem & JewelSpecialist Insurance

GEM & JEWEL INSURANCE

Why choose Bryte?

Working with the jewellery industry requires a detailed understanding of its unique requirements, and with the acquisition of Gem & Jewel Acceptances into the Bryte team, we have expanded our product offering immensely.

Just as we know that one size does not fit all, we also appreciate that standard commercial cover is the wrong fit for these customers. Set out below, however, is the type of cover the specialist jewellery industry has been waiting for:

Stock (including customers’ goods for repair or resale)

Premises• Armed robbery• Burglary (out of safe)• Fire• Safe break• Shoplifting• Snatch and run• Window smash and grab during and after hoursNon-premises• At the home of owners or employees• Entrustments to outside workshops• Postal and courier • Showcases – for example in a hotel lobby• Stock carried off premises by named personsNo cost inclusion• Claims preparation costs R100,000• Sprinkler leakage• Stone breakage R15,000 • Trauma counselling R10,000 per event

Contents (other than stock and computer equipment)

• Includes theft following forced entry and all internal glass• All risks option including accidental damage and any theft

Business Interruption Choice of normal fire and perils or following theft of stock

Liability Employers Liability up to R1,000,000

Motor Registered to business or owners only

GEM & JEWEL INSURANCE

Some great extras that are sure to make your eyes sparkle

Insurance cover is always evolving, changing to meet the requirements of customers. So, during the course of 2016, we carried out extensive research to better understand what our market requires. Not only was this process fascinating, it also highlighted the importance of really listening to customers to better understand what it is that they need!

We are happy to reveal the extra covers we have designed for you in line with our findings:

Stock section – increase in safe limitsSABS category 1 R25,000 to R50,000SABS category 2 R80,000 to R500,000SABS category 2 ADM R250,000 to R1,000,000SABS category 3 R500,000 to R2,000,000

SABS category 4 R1,000,000 to R4,000,000SABS category 5 R2,500,000 to R5,000,000

Buildings combined

Sub-section D – liability R2,500,000 to R5,000,000Contents section – ExtensionsLocks and keys R5,000 to R10,000Receptacles R5,000 to R10,000Clothing R5,000 to R10,000Personal Accident and Personal Accident Assault section – each module consists ofDeath R10,000 to R25,000Permanent disability R10,000 to R25,000Temporary total disability R250 to Actual earnings up to a maximum of R2,500

per week, maximum of 52 weeks with a 7 consecutive days’ excess

Medical expenses R500 to R5,000 with a R350 excessPersonal Accident: limitsMaximum limit (any one event) R1,000,000 to R1,500,000Accumulation limit (any one event) R3,000,000 to R3,500,000

A cut above the rest

With years of experience in developing niche insurance products, Bryte is one of South Africa’s leaders in providing cover for retail, wholesale and manufacturing jewellers, gem cutters and setters, watch importers, coin dealers, tender houses and dealers, goldsmiths, diamond and metal processors and refiners.

Bryte Insurance Company LimitedA Fairfax Company

Registration No. 1965/006764/06 | Authorised Financial Services Provider No. 17703

Contact

Registered Address 15 Marshall Street, Ferreirasdorp, Johannesburg, 2001, South Africa

T +27 (0) 11 370 9111www.brytesa.com

Postal Address PO Box 61489, Marshalltown, 2107