By KIM JOHNSONAssociated PressWASHINGTON (AP) — An industry group is offering new insurance to protect the delicate beauty of olive-sized ave stones that can last more than a century.

The American Gem & Mineral Society says it has created a new insurance policy that will cover a $300,000 (plus taxes and premiums) payout if the ave dies of a natural disaster.

The new policy will be offered to the insureds of an ave, which is a type of gemstone made from a mix of sapphires and emeralds.

The group says it also is expanding its insurance coverage for other types of stones, such as sapphire, to include diamonds, rubies and emery.

The insurance is for the first time available to people who are covered by an existing policy.

The new policy won’t affect the insurance of those who already have it.