Protect your investment with the KoverNow App in minutes.
Hours of talking to salespeople, dozens of different forms to fill, opaque pricing with inflexible long contracts are making you confused and frustrated. Don’t let the joy of owning an exquisite timepiece be tainted with paperwork -You should have control over this.
Kovernow offers a door-to-door insurance service, from pricing to policy purchase and claims. Do it completely digitally on our mobile app.
Just add some basic information on your watch and we will provide an instant premium quote. Your premium will be updated monthly based on the latest valuation of your watch, so you will always be insured for the right amount.
Our Policies (underwritten by QBE Singapore) cover both loss and damage. For your damaged watch you will be reimbursed for the repair cost, for lost watches you will be paid the agreed value.
A timepiece does not just tell time, it signifies much more. We understand you want to wear it and enjoy it without the frustration of long insurance processes.
Select your watch from our 35,000+ watch database to get the most accurate valuation and data.
Your monthly quote is based on your current watch valuation. That way you will never be over- or underinsured.
You may conveniently claim through our in-app claims module. All we require is a description of events that transpired and possibly supporting documents which you can upload via the app.
Your policy reprices every 30 days to adjust to market value. You can cancel it at any point in time if you no longer need coverage.
We insure against loss and damage caused by events that involve you. So if you drop your watch by accident and it gets damaged, we take care of the cost of repair or replacement. In the unfortunate event that your watch is stolen, you will receive the actual value stated in the Vault.
In contrast to a warranty, which covers your watch for mechanical failure, we cover events that involve you.
Home contents cover is limited to your home and is not all risk. These home policies typically come with deductibles and caps on value of personal effects.
if bag is more than cap
| Watch Model | Value (SGD) | Monthly Premium (SGD) |
|---|---|---|
| Seiko Sharp Edged Series (SPB 217) |
2,086 | 5.96 |
| Tudor Ranger (m79950-0001) |
4,210 | 11.51 |
| Omega Moonwatch Professional (310.30.42.50.01.002) |
10,600 | 28.19 |
| Panerai Luminor Marina Carbotech (PAM 01661) |
20,500 | 54.05 |
| Rolex GMT 2 (126710BLNR) |
29,083 | 76.46 |
Whether you are a luxury bag collector or looking to protect your first luxury purchase, we are here to help.
Most homeowners’ policies are designed to protect your home contents only and typically exclude or limit luxury bag coverage. So, if your bag costs more than the coverage limits, you will not be able to fully recover any loss.
KoverNow Digital Insurance, underwritten by QBE, provides “all-risk” cover for most cases of loss (no deductible) and damage so that you can protect your luxury bags easily and experience the joy of using them wherever you are.
Download the KoverNow App to protect your watch today.
