Eight simple tips for keeping your engagement ring as safe, sound and sparkly as possible.

Do purchase insurance

"Insurance is necessary to protect your financial investment in the event that something gets lost, stolen or damaged," explains jewelry designer Sylvie Levine. "It is also important to have your jewelry appraised every five years as the cost of diamonds and precious metals go up. If you were to lose something which was appraised 10 years ago, the insured value would be far less than the actual replacement cost."

Photo: CN Digital Studio