What is jewelers’ block insurance?

This is package insurance developed for jewelers and diamantaires, i.e., businesses that only deal in diamonds. This is package insurance designed for jewelers and diamantaires, i.ecompanies that only sell diamonds.
Jewelry stores are classified as Class I, II, or III based on the level of protection given. Discount on premium if the premises feature built-in vaults, strong rooms, closed-circuit T.V., or armed guards.
Except for part I, which is mandatory, the policy has four optional portions.
Perishable items like pearls and precious stones are covered in the event of loss or damage due to a riot, strike, explosion, or burglary.
Affects loss or damage to the insured’s partners, employees, directors, diamond sorters, or property (except cash and currency notes) while in their control.
Covers loss or damage to goods in transit through registered mail, air freight, or angadia.
Fire, explosion, lightning, burglary, housebreaking, theft, hold up, robbery, riot, strike, malicious destruction, and terrorism.