A safe deposit box protects your valuables. It doesn't necessarily insure them.
A safe deposit box at a bank or other professional secure facility, is a secure method of keeping valuables such as jewellery safe, especially if you have a large collection of items that are worn or used infrequently.
The main reasons for renting a safe deposit box are because the contents are particularly important, valuable, or treasured. Insurance completes the protection rather than relying solely on physical security.
Why take our Safe Deposit box Insurance
You may find that the bank will not insure the contents of your box or may have a lower limit than that you require. in the event there is a break-in at the bank you will want to make sure you have adequate insurance protection in force.
The chances of theft of your box contents may seem unlikely but even with their high tec security, banks and other facilities are targeted by thieves and thus it is essential that insurance protection is sought.
It’s easy to think of theft as being the main reason for taking out this type of cover but there are other perils that could cause the loss of your items.
For example: fire, flood, or other physical damage. The building may be secure against theft, but the contents could potentially be damaged by fire, flooding, water ingress, or another insured event.
At Assetsure, we can arrange insurance for contents of safety deposit boxes against theft and a full range of perils, we will cover jewellery and other items on request. We realise that valuable items are not kept in the bank all the time and naturally, there will be periods throughout the year when items will be removed for general usage. We can agree a limit with you in respect of items that may be taken out of the bank at any one time or for instances when larger amounts are removed, for example a family celebration, a call to our office is usually all it takes to extend cover.
We will provide quotations for residents of the United Kingdom only and all safety deposit boxes must be located within the United Kingdom at a known establishment. When cover is extended to cover items away from the bank, you will be protected on a worldwide basis providing no trip abroad exceeds 60 days in duration.
To obtain more information, please telephone our office on 0208 0033 190 or click on the "Get a Quote" button below to obtain a quotation. When completing the quote request form, please indicate in the notes box that your request is for items that are primary stored within a bank safety vault, we will then contact you to discuss your requirements and provide a no obligation quotation.
