The PURE Group of Insurance Companies, which includes Privilege Underwriters Reciprocal Exchange, the policyholder-owned property and casualty insurer designed for high net worth individuals and families, has restructured its jewelry insurance to include more protection for losses related to theft and disappearance on their homeowners policy PURE has removed its $50,000 cap and will instead cover all jewelry losses up to the full contents limits of the homeowners policy PURE is piloting this program in Connecticut and aims to make a similar offering available to members nationwide.

The change will benefit members who maintain contents limits equal to or greater than 50 percent of their dwelling coverage amount, as well as any members with at least $2 million of contents coverage While the $50,000 aggregate sublimit no longer applies to Connecticut members, the $25,000 per item limit still remains In-home appraisals - PURE's specialists can visit members' homes to appraise the value of their jewelry when it is convenient for them.

Jewelry buying - Should members need assistance with acquiring a new piece, PURE's specialists can connect them with one of its vendors who can help locate it and consult on price negotiation. . More