JVC Appraisal Group Outlines Guidelines

"Jewelers Vigilance Committee Inc. Appraisal Task Force Recommended Minimum Guidelines for Insurance Cost Estimate Documentation for Jewelers," ©1995 by the Jewelers Vigilance Committee Inc. FOREWORD The Jewelers Vigilance Committee (JVC) and its Appraisal Task Force (ATF) have developed these guidelines to address the needs of jewelers who want to provide their customers with insurance documentation for the type of items they regularly sell. They are intended as minimum requirements for providing an estimate of replacement cost for intended use in obtaining insurance at the current actual selling prices of a particular establishment or seller. It is the opinion of the JVC ATF that following these minimum recommended guidelines will provide a broad and positive first step toward assuring fair insurance premiums and settlements. The JVC ATF, having conducted a thorough study of the
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