Jewelers Mutual has filed a new Contractual Liability Insurance Policy in Texas designed to reimburse jewelry retailers and wholesalers for costs incurred in fulfilling customer benefit programs tied to eligible purchases. The insurer said the product was developed in response to requests from jeweler policyholders seeking insurance backing for the protection plans they offer consumers.

Under the program, policyholders can select the specific benefits they wish to provide, with the chosen offerings listed in a schedule attached to the policy. Coverage is activated when a customer purchases an eligible item enrolled in the program, and Jewelers Mutual will indemnify the jeweler for covered repair or replacement costs arising from those contractual obligations.

Jewelers Mutual noted that the product is already approved in 47 states and that Texas represents a resubmission following discussions with regulators. The filing is effective July 1, 2026, if not disapproved by the Texas Department of Insurance.