This sounds similar to what I have. DH knows more about it than I do. But my jewelry is all covered, and we certainly don't pay $100 a month or a year! So that's all I care about.
so now i need to schedule to have our rings reappraised as i think their replacement value will double......which means that it would take several more lifetimes to pay to replace my rings. ugh. anyone know how much it cost to have jewelry appraised?? do i just take them to the jeweler to do this?