TORONTO - Diamonds may be forever, but most know all it takes is an errant slip or a forgetful wearer for wedding and engagement rings to end up lost for good. “My attitude is if I have a break-in and if someone says to me ‘give me your ring’ or if I lose it, it’s not a big deal, it’s insured.”Mandel’s engagement ring coverage was part of her home insurance — a common arrangement. Meanwhile, TD Insurance says under their contents insurance customers with home, condo or tenant insurance have either $5,000 or $15,000 in coverage depending on their policy. People seeking insurance should expect to spend about $100 a year on a $5,000 ring, she added. “If I call them and tell them I lost my engagement ring, they will ask me how much it cost,” she said.

Source: The Star January 13, 2023 02:01 UTC