MegaSack DRAW - This year's winner is user - rgwb
We will be in touch
Slightly off topic. Anyone got any recommendations for insuring a wedding ring, just got engaged and she walking around with it on and I'm a bit nervous! Tried to do it on my home insurance and it's stupid expensive. Ring needs to be insured for £10,500. Cheers!
Holy shit, how much?!
Change home insurance supplier? No single item limit with M&S.
It you out can afford a £10.5k ring I'm sure you can afford to insure it!
£10500 on a hoop of metal!
Are you mental?
breadcrumb - Member
£10500 on a [s]hoop of meta[/s] [b]womanl[/b]!Are you mental?
FTFY 😀
Is this just your way of trying to say that you've been daft enough to spunk £10500 on a stupid bit of metal and rock?
Crikey, £10.5k for a ring ... 😯
Who say £££ can't buy love?
[b]
Love you long time.[/b]
Edit: Congratulation btw. Your money so do as you wish but for the insurance value ... will it appreciate or depreciate? Then insures it according to those value.
Once again STW succeeds in responding to a request for helpful information with patronising, judgemental "You spent what on what????!!!" nonsense.
FWIW M&S covered Mrs LJ's for, admittedly a fair bit less than that but I don't remember there being an upper limit. Definitely worth checking out.
Congratulations by the way.
Don't bother. It'll be her problem when she dumps you.
Have a word with yourselves guys, it only takes one wingebag to pipe up with the obligatory "how much" comment.
Once again STW succeeds in responding to a request for helpful information with patronising, judgemental "You spent what on what????!!!" nonsense.
Get you!
Spending over £10k is pretty eye watering for 99% of people, and therefore most folk are unlikely to be able to offer any real world experience.
Plus I haven't seen anything more than gentle ribbing!
(apart from wanmankylung, who I suspect is a second login 😉 )
^ +1
If the OP has that kind of money kicking about fair enough, but be warned she'll be expecting a hell of a wedding if she's wearing 10k on her finger!
10k on a ring. Well that is a lot I would be nervous too! After a quick Google, there are a whole bunch of services you can choose from. Maybe you could try that?
Thanks for some of the help! I didn't pay that much, in fact less than a 1/3 of that as I brought 2 antique rings and had it made from these. £10,500 is what it's been value at by an independent jeweller for insurance purposes. I thought it sounds high but that's what they reckoned it would cost to get new. Will look in to m&s thanks
Shrewd!
And if she did lose it, it could pay for the wedding!*
* I am not condoning insurance fraud!
Have done a lot of googling and am waiting to hear back from a few. Just wondered if anyone had used anyone in particular?
I need to start melting down gold!
FWIW, only time I was engaged, I insured a 2.5k ring for same reasons as you're probably worried about. Added £34 a year to insurance for full cover outside of home. (Morethan)
However I realised it was pointless as the owner was basically a personal security guard for it, as it would not leave her sight!
Oh, and congratulations 🙂
I'd look again at the insurance value. We had a ring made with a diamond that's probably worth £300, and the setting cost £120. Retail on something like that would be £800-£1000 if you went to a dear jeweller.
No reason why you wouldn't go and buy a couple of diamonds online and get a new one made again rather than nipping down to the dearest jewellers in town.
Lol, cheers! I was very lucky in that I was offered the two antique diamond rings at a massively reduced price as they were shutting down and family friends. I took the opportunity to get her a ring we could only dream I normally, so sadly it's not a new trade for me! Cheers for the well wishes and help
[i]Thanks for some of the help! I didn't pay that much, in fact less than a 1/3 of that as I brought 2 antique rings and had it made from these. £10,500 is what it's been value at by an independent jeweller for insurance purposes. I thought it sounds high but that's what they reckoned it would cost to get new. Will look in to m&s thanks [/i]
I reckon you'll need to provide a signed valuation if it's worth more than the metal and stone.
Personal possession add on to your home insurance. My daughter took her mothers engagement ring to school, never seen again. Could be worse my mate swapped his mothers for a Bultaco 350, not sure you'll get cover for that.
Yep you need a proper valuation. Old diamonds are not cut like modern ones so don't sparkle as well. The fact someone has said its worth £10,500 is not worth the paper its written on!
Oh wait.........
When you give an engagement ring it's like a retainer on the wedding.
If she says yes and accepts it she's saying the marriage will go ahead.
Should you not get married the contract is broken. The OP is legally within his right to clam the ring back and his partner would have to return it.
When you give an engagement ring it's like a retainer on the wedding.The OP is legally within his right to clam the ring back and his partner would have to return it.
Not true by default.
(2) The gift of an engagement ring shall be presumed to be an
absolute gift; this presumption may be rebutted by proving that
the ring was given on the condition, express or implied, that it
should be returned if the marriage did not take place for any
reason.
When you give an engagement ring it's like a retainer on the wedding.
If she says yes and accepts it she's saying the marriage will go ahead.
Should you not get married the contract is broken. The OP is legally within his right to clam the ring back and his partner would have to return it.
learn something new every day...
http://www.legislation.gov.uk/ukpga/1970/33/pdfs/ukpga_19700033_en.pdf
The legal expert that is Judge Judy taught me that last last week. It must be different in USA. Apologies.
Lark Insurance underwritten by Aviva. You'll probably need insurance valuation from a jeweller and the relevant receipts plus in some cases photographs and diamond grade certificate.
After all insurance is like Ladbrokes for posh people. Its all a bet.
I assumed that this was insurance to cover the cost when she nicks off with it...
On the bright side I like the fact you're playing the long game so five years down the line, when you're justifying the £6k carbon wonder bike you can remind her how much more you spent on her ring because you love her so much.