Couples can protect engagement rings, wedding bands with their
wedding insurance plan
HARTFORD, Conn.--(BUSINESS WIRE)--
The Travelers Companies, Inc. (NYSE: TRV)
today announced that separate fine jewelry insurance policies are now
available through the Wedding
Protector Plan® with coverage limits of up to $100,000. With this
new offering, engaged couples can safeguard their wedding from
unexpected mishaps and, at the same time, protect their wedding bands
and fine jewelry.
“Valentine’s Day is one of the most popular days of the year for
proposals, and we’re pleased to help make it easier for couples to
protect their engagement rings, wedding bands and other valuable
jewelry,” said Todd Shasha, Managing Director of Personal Insurance
Product Management at Travelers. “Adding a jewelry policy with the
updated Wedding Protector Plan can give couples peace of mind so they
can focus on building their future together.”
Typical homeowners insurance policies often have limits for jewelry of
up to about $1,500. The average value of engagement rings purchased is
approximately $6,000, according to a recent survey from The
Knot. Through the Wedding Protector Plan, jewelry insurance can be
purchased as a stand-alone policy to make up the difference and insure
rings worth more than what typical homeowner limits cover. Travelers
also offers homeowners insurance, with options to purchase expanded
jewelry coverage by endorsement.
The Wedding Protector Plan from Travelers can cover the major events
associated with a wedding, including the rehearsal, rehearsal dinner,
ceremony, reception and a post-wedding event. Lost deposits, missing or
damaged wedding attire, photos, flowers and more can also be covered
under a policy starting at $160. Optional liability coverage is also
available.
For more information, speak to an independent insurance agent or visit www.protectmywedding.com.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV)
is a leading provider of property casualty insurance for auto,
home
and business.
A component of the Dow Jones Industrial Average, Travelers has
approximately 30,000 employees and generated revenues of approximately
$30 billion in 2018. For more information, visit www.travelers.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190214005556/en/
Media:
Sperry Mylott, 860.277.5075
smylott@travelers.com
Source: The Travelers Companies, Inc.