Protect your bling with engagement ring insurance.

Has your partner popped the question? If so, congrats! Now that your loved one put a ring on it, you’re wearing a beautiful piece of jewellery that symbolises your eternal love and commitment.

For many people, purchasing an engagement ring may be the largest sum they’ll ever spend on a single piece of jewellery in their lifetime. So, how would you and your companion feel if your beloved new rock was stolen or damaged?

If something unfortunate happened to your shiny new addition, it would no doubt be heartbreaking. That’s why it’s essential to make sure it’s protected with the right kind of insurance. Here’s how to ensure you protect your forever ring.

Insuring your engagement ring.

Knowing your engagement ring is covered – not only when you’re home but also when you’re on the go – will give you the peace of mind you deserve during this special time in your life.

With CGU contents insurance, you can explicitly list your engagement ring on your contents policy or on your combined home and contents policy. However, it’s important to note that these two types of protection may only cover your ring when it’s worn or stored at home.

If you’re frequently on the move and want to cover your engagement ring while you’re out and about, consider selecting the Premium Cover option under CGU’s Contents Insurance policy. This covers you if your ring is stolen, accidentally damaged, or lost when you’re outside of the home. What’s more, your contents are covered anywhere in Australia and New Zealand for up to 90 days at a time.

Making a claim and engagement ring valuation.

If something unfortunate happens to your engagement ring and you find yourself needing to make a claim, you’ll need to be able to prove its worth to establish its value for replacement. This can easily be done by providing us with;

  • a police report
  • purchase receipts
  • photographs (taken from different angles)
  • a certificate of valuation from a jeweller.

It’s also a good idea to keep a copy of these details on file – either in digital form or a physical hard copy.

How we replace a one-of-a-kind engagement ring.

The Specified Values option means if your ring is bespoke, we’ll be able to commission a jeweller to design and produce a replacement ring the best they can. For this reason, it’s always beneficial to have photos of your engagement ring on hand.

For more information about insuring jewellery, visit CGU.


Insurance issued by Insurance Australia Limited ABN 11 000 016 722 trading as CGU Insurance. Any advice in this article is general only and has been prepared without taking into account your personal objectives, financial situation or needs. Consider the relevant PDS available from to see if a product is right for you.

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