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You are here: Home / Looking After Your Assets / How Our Safety Deposit Box Insurance Works

How Our Safety Deposit Box Insurance Works

September 25, 2013 By James Leave a Comment

No doubt you have been informed by your bank that you need to arrange Insurance cover for your items of jewellery and gold contained within your safety deposit box.

Theft and damage does occur – it might seem like a  scene from a movie but look at what happened to this bank in Berlin a few months ago.

Haven taken the time to choose the right safety deposit box it makes sense to have the insurance protection should the worst occur.

We have access to one of the few UK Insurers that can provide cover for Safety Deposit Box Insurance.

In order to finalise a quote for you we need the following information:

  1. Your name, address, date of birth and occupation
  2. The full name and address of the bank where the items are stored
  3. Most importantly before we can provide a formal quote we require sight of valuations for items of jewellery and gold within the last 5 years.  (Find out how to get a valuation here)

Typical Premiums:

Of course each quote is individual but in our experience up to £50,000 of jewellery and gold in a safety deposit box costs £150 per annum. Up to £75,000 typically costs £200.

Quotes from date of submission are usually back within 48 hours

The Policy Cover:

Cover is arranged with a leading UK Insurer and there is no policy excess payable.

The policy cover is arranged on an all risks basis including Theft which is subject to forcible or violent entry or exit Bank premises.

More details about our safety deposit box insurance can be found here.

About Us:

Greenfield Insurance Services was established in 1989, we are registered with the Financial Conduct Authority and are members of Broker Network Ltd – the UK’s largest network of Insurance Brokers.

To finalise your quote with us please telephone us on 01489 579808 or email the required information to mail@greenfieldinsurance.co.uk

Cover is of course subject to the terms and conditions of the policy and a copy of the policy wording is available upon request. This page is intended to provide an overview and should not be considered a specific quote.

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Filed Under: Looking After Your Assets Tagged With: Bank Safety Deposit Box, Jewellery, Safe Deposit, Safety Deposit Box, safety deposit box insura

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Southampton, Hampshire SO31 1BB

Tel: 01489 579808

Email: info@fineinsurance.co.uk

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