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Is GemTrace a form of insurance?

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Is GemTrace a form of insurance?

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GemTrace is not a form of insurance and we do not sell insurance of any kind. GemTrace is a system designed to provide a correlation between the information laser inscribed on the girdle edge of a diamond and the registered owner of that gem. We recommend that you obtain an insurance policy to provide financial protection in the event that your diamond, colored gem, or jewelry item is lost or stolen.

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