India's festive and wedding season is driving strong demand for gold and diamond jewelry, with the sector seeing around 20% growth. Despite rising gold prices averaging ₹1.20 lakh per 10 grams, insurance coverage for these high-value purchases remains low. Experts highlight that dedicated jewelry insurance offers crucial protection against theft, damage, and unforeseen events, especially during peak usage periods from October to December, making it essential for safeguarding significant asset exposure.