how do i send precious metals, ie jewellery with simple delivery

hi

could anyone tell me how i will be able to send fine jewellery with the new "simple" delivery and still be able to have it insured.

royal mail special delivery as far as i am aware, is the only option where you are covered for loss and damage, will this option still be available, but what if the buyer opts for a cheaper postage with no insurance, what will happen then if it gets lost  

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