The policy's insuring agreement provided coverage for «all risks of direct physical loss of or damage to the property insured» subject to exclusions in the policy. (theallgrouponlinejournal.com)
In plain language, that means your jewelry under that rider is covered against direct physical loss or damage from any cause not excluded. (effectivecoverage.com)
This protects your property from a long list of perils that could cause direct physical loss or damage to it. (effectivecoverage.com)