Glossary entry (derived from question below)
English term or phrase:
Jewelers Block Policy
Spanish translation:
póliza en bloque para joyeros
English term
Jewelers Block Policy
Get a More Comprehensive Jewelers Block Policy.
Many block policies are one-size-fits-all.
Unique Jewelers Block Benefits
Broader coverage for acquired estate, travel, private residence with alarm, and goods-on-loan to private customers or authorized personnel.
4 +4 | póliza en bloque para joyeros | José Julián Díaz |
4 | póliza de seguro para joyerías | Luis M. Sosa |
Jan 5, 2023 02:51: José Julián Díaz Created KOG entry
Proposed translations
póliza en bloque para joyeros
https://larbay.es/politica/que-es-la-politica-de-bloques/
Woods Patchogue Corp. v. Franklin Nat’l Ins. Co., 5 N.Y.2d 479 (N.Y. 1959)
Block Policy Law and Legal Definition
A block policy is a form of inland marine insurance that provides coverage on an all risks basis for property and goods that are held in bailment or on a business merchandise and while on the premises of others, against most perils.
It covers loss to property of a merchant wholesaler or manufacturer including:
(1)property of others in an insured's care, control, or custody;
(2)property under consignment; and
(3)property sold but not yet delivered.
The most common examples of block policies are furrier's block policies and jeweler's block.
In Woods Patchogue Corp. v. Franklin Nat'l Ins. Co., 5 N.Y.2d 479 (N.Y. 1959), the court observed that “under a jewelers' block policy, all risks of loss or damage to jewelry may be insured. Insurance against loss by fire is one of the risks that may be covered by this type of marine policy”. Further it was held that, although the fire coverage feature of the block policy is optional, in that the insured may exclude the coverage and as a practical matter, the jewelers' block policy includes the risk of loss by fire. The option is given to an insured to exclude it. The block policy coverage is more extensive, providing for both direct and indirect loss by fire, and is not confined to loss in a particular location.
https://definitions.uslegal.com/b/block-policy/
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Rodrigo Gomez Tregent
7 hrs
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Pablo Cruz
12 hrs
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Adriana Martinez
17 hrs
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abe(L)solano
3 days 1 hr
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póliza de seguro para joyerías
"GENERALI Joyerías es un producto concebido para atender las necesidades específicas de aseguramiento de los empresarios y comerciantes de joyería. Tiene como objeto ofrecer, en una única póliza, protección contra todos los riesgos susceptibles de afectar a cualquier negocio del sector de la joyería.
GENERALI Joyerías se caracteriza por ser un producto:
a) Completo, ya que es posible cubrir los daños materiales de todos los bienes que integren el negocio de joyería, tanto en el interior del local donde se desarrolla la actividad como en el exterior del mismo, los perjuicios ocasionados por la interrupción de la actividad con ocasión de dichos daños y la responsabilidad civil que pueda derivarse como consecuencia de la actividad asegurada y de los productos fabricados o distribuidos."
https://www.generali.es/seguros-autonomos/joyerias
Por la razón citada, la definicón proviene del inglés:
Jewelers Block Policy
Protect your inventory, stock on memo or consignment, goods in process and raw materials, and customers' property entrusted to you from risks like crime and fire with a jewelers block policy.
https://www.jewelersmutual.com/jewelry-business-jewelers-blo...
Jewellers block policy
A form of property insurance that is provided to jewellers.
https://www.lloyds.com/help/glossary-and-acronyms
GENERALI Joyerías es un producto concebido para atender las necesidades específicas de aseguramiento de los empresarios y comerciantes de joyería. Tiene como objeto ofrecer, en una única póliza, protección contra todos los riesgos susceptibles de af
https://www.generali.es/seguros-autonomos/joyerias
https://www.jewelersmutual.com/jewelry-business-jewelers-block-bop-insurance
Discussion
Jewelers Block Insurance | Insurance Glossary Definitionhttps://www.irmi.com › term › jewelers-block-insurance
Jewelers Block Insurance — inland marine insurance designed to provide coverage for loss of or damage to jewelry that is the stock of jewelry retailers, ...
https://biscaynerisk.com/what-is-jewelers-block-insurance/
What Is Jewelers Block Insurance
4 Oct 2020 — Jewelers block insurance is an inland marine coverage offered to businesses that handle and sell any type of jewelry, precious stones or ...
Jewelers Block insurance is an **inland marine coverage** offered to businesses that handle and sell any type of jewelry, precious stones or metals. Specifically, jewelers Block insurance covers
A business’ inventory of jewelry, raw materials and other valuables it intends to sell
Customers’ property that is entrusted to you for consignment or maintenance/repair
Jewelry or other inventory being transported to trade shows, fashion shows, etc.
Inventory being shipped via airfreight or armored services, along with couriers such as UPS, FedEx, USPS, etc.