You’ve just spent more on a ring than most people in Singapore earn in a month, the average engagement ring here runs $6,000 to $10,000. Then you find out your home contents policy caps jewellery cover at a fraction of that, or excludes “unexplained loss” altogether, which is exactly the scenario that keeps people up at night: did it fall down the drain, or did it actually get stolen? Most policies won’t pay out either way unless you can prove which.
That’s the gap engagement ring insurance closes. It’s a financial commitment and an emotional one, and right now only one half of that is protected.
In 2025, Singapore recorded about 24,700 weddings
What's covered
Worldwide cover for loss, theft and accidental damage, including while travelling, not just at home
No deductible on claims
100% of the insured value paid out on a total covered loss, with no depreciation
Repair costs plus compensation for any drop in market value if the piece is damaged but repairable
Cover for newly purchased jewellery automatically, for up to 90 days, up to 25% of your existing insured amount (capped at $100,000)
One condition worth knowing upfront
you can only insure an engagement ring specifically if you already hold (or take out) a comprehensive home and contents policy, with us or another provider. We’ll tell you plainly if that changes your numbers before you commit to anything.
What it cost
Premium is driven almost entirely by the ring’s appraised value, so there’s no single number to quote here, get the ring valued first, and we can give you an accurate figure in one call.