Jeweller's Block Insurance for Watch Dealers in Singapore
All-Risk coverage for your watch business’ inventory, consignment stock, safes and transit. One policy that protects everything standard business insurance misses. Arranged through Anthola Brokers Pte. Ltd., a MAS-licensed broker.
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How Singapore Watch Dealers Use Jeweller's Block
2. Transit between KL, Penang, and JB — You personally carry watches from your KL showroom to meet a client in Penang. The pieces are covered while in your close personal custody during the trip.
3. Multiple stock locations — Inventory split between your main shop, a mall kiosk, and a home safe. One policy covers stock across all declared locations.
4. A grab-and-run at your showcase — Someone tries on a watch and bolts. Your stock, the display case, and any damage from the incident are all covered.
5. A watch sold but waiting for collection — A buyer pays in full and asks you to hold the piece until next week. If something happens, you're covered at the selling price.
Insurance for a watch shop can’t be a generic fire or business policy. Your risk sits in small, high-value pieces in windows, showcases, safes and on the workbench.
Stock & Consignment
Safes & Premises
Display cases, strong rooms, alarm systems and fittings
Transit in Singapore
Watches personally carried between shops, clients, or valuations
MAS-Licensed
Arranged through Anthola Brokers Pte. Ltd.
What's Covered Under Your Policy
All coverage on an All-Risk basis, subject to policy terms and exclusions.
Get a QuoteLooking to insure your personal luxury watch or watch collection? Reach out to us on WhatsApp.
Who Jeweller's Block Is For in Singapore
This policy is designed for:
Pre-Owned and Vintage Watch Dealers
Rolex, Patek Philippe, Audemars Piguet and similar. Your pre-owned inventory is protected on premises, in safes, and during personal conveyance under a tailored Jeweller's Block policy.
Watch Retailers and Multi-Brand Boutiques
Branded watch inventory, showcases and safes all covered. Proper All-Risk protection beyond a standard business policy.
Dealers Managing Active Stock Flows
Constantly buying, selling and consigning pieces? We structure coverage around how your stock actually moves: between locations, to client viewings, and through consignment arrangements.
Watch Service and Repair Centres
Customer watches in your custody (goods in trust) are covered alongside your own tools, benches and security fittings.
Key Exclusions You Should Know
Being upfront about what's not covered is part of how we work
Why Watch Dealers Work With MINT
Built for the Watch Business
We work with watch dealers across Singapore. The questions we ask and the cover we arrange fit how a modern watch business actually runs: consignment flows, transit, multi-location stock.
Market-Standard Jewellers Block wording
A recognised Jeweller's Block policy form tailored for Singapore's watch and jewellery businesses, underwritten by a globally recognised A+ rated insurer.
Local Understanding
Mall units in Far East and Lucky Plaza, shophouse showrooms, travelling between outlets, keeping stock in vaults or private safes. We know how Singapore dealers operate.
Regulatory Strength
All insurance arranged through Anthola Brokers Pte. Ltd., a general insurance broker licensed by the Monetary Authority of Singapore.
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Frequently Asked Questions
1. What security setup does my shop need for Jeweller's Block?
Typical requirements include a Central Station monitored burglar alarm, approved safes, CCTV, all showcases locked when unattended, and keys removed from premises when closed. We'll advise on specific requirements based on your layout and stock value.
2. I hold consignment stock from other Singapore dealers. Is that covered?
Yes. Watches belonging to others but in your custody are covered. Your liability to the owner is insured, whether the stock comes from a dealer in the next unit or across town.
3. How does transit coverage work when I carry watches to meet clients?
Watches are covered while in the close personal custody and control of you or your employee. The trip must be pre-planned. You can't leave watches in an unattended vehicle, and courier or postal delivery is not covered.
4. What happens after I make a claim? Does my coverage reduce?
No. Automatic reinstatement means your sum insured is not reduced after a paid claim. Your full coverage continues.
5. How quickly can I get a Jeweller's Block quote?
Once we have your business details, stock values, safe specifications and security setup, we typically provide a proposal within a few business days.
6. Can I also insure my personal watch collection?
Yes. MINT offers individual watch insurance for personal collections. Reach out to us on WhatsApp.
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