GENERAL INSURANCE: Standalone jewellery insurance offers cover for specific period

I will be keeping my daughter's jewellery at home till her wedding, for a couple of weeks. It is now in the bank locker. For this can I buy insurance for a short while? I have not taken insurance for the jewellery since it was always kept in the bank locker 
– Arun Ramamurthy

There are two most common ways to protect jewellery – insurance and bank locker. One can cover jewellery under home insurance package policy under jewellery / all risk section if the jewellery is at home / bank locker. In the market, a few insurance companies offer standalone jewellery insurance products – annually or for specific period. The price may vary based on exposure and period.

If my car is stolen and is recovered but in a damage state, can I claim insurance? 
– Shashank Gupta

Yes, if your stolen car gets recovered in damaged condition your comprehensive motor policy will cover the same and you will get claim for getting it repaired. If the vehicle is damaged to the extent where it cannot be repaired or the repair cost is going beyond 75% of IDV (Insured Declared Value), then you will get full IDV after deduction deductible (which is mentioned on your policy schedule).

The expert is Principal Officer and CEO (Officiating), Future Generali India Insurance

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