Final answer:
Jewelry insurance can be done through specific coverage for individual items or blanket coverage for the entire collection, serving different needs based on the value and number of items owned.
Step-by-step explanation:
Insuring jewelry is another type of insurance that can protect against losses due to theft, damage, or loss. Coverage for jewelry can be arranged in two main ways: specific coverage and blanket coverage. Specific coverage is tailored to protect individual pieces of jewelry, each item listed and insured for a specific amount. This type of coverage is ideal for high-value or sentimental pieces. On the other hand, blanket coverage provides a total sum insured for all jewelry owned, without itemizing each piece. This option may suit those with a less valuable collection or who prefer a more simplified insurance approach.