If you keep your jewellery or gold in a safe deposit box, make sure you’ve got the right insurance in place to protect it. It won’t be covered under your standard home insurance.
Greenfield Insurance provide standalone jewellery insurance for your valuables whilst they are in a bank safety deposit box. (See our other jewellery policies if you need cover whilst the items are out of the bank). We regularly place insurance for valuables such as:
- Gold jewellery
- Watches
- Indian jewellery / Asian jewellery including bangles, bracelets, earrings,
- Indian Bridal Gold Jewellery
- Precious rings / diamonds
As expert high net worth insurance brokers, we’ve shopped around to get the best cover for most the value. We arrange insurance via a leading Lloyds of London Underwriter and provide cover for the physical loss or damage to your items.
The premiums for bank safe deposit box insurance tend to be fairly low, for example, for a collection of jewellery around £100,000 we are seeing premiums as low as £200.
(The minimum premium for jewellery insurance only in a bank safe is £150 including insurance premium tax at 6%).
Features of our safe deposit box insurance include:
- Cover for physical loss or damage
- No policy excess
- There is no need to specify individual items unless they are valued more than £25,000.
- Newly acquired items will be covered up to 25% of the sum insured (for 60 days from purchase date of jewellery)
- Option to have items cover on a agree value basis or fair market value basis*
- Theft cover (must be signs of forcible and violent entry)
*Contact us for full explanation
Thanks for sorting out the cover so quickly. We had a lot going on with the wedding so it’s great to know all our bridal jewellery is now safely insured in our bank!
M Miah
If you are looking for insurance to protect your jewellery in a safety deposit box, it’s a very simple process. All we need from you are a few basic details over the phone.
Please give us a call on 01489 579808 or complete our contact form and we will call you back to arrange your safe deposit box insurance.
Looking to cover my jewellery in a safe deposit box
I would like to confirm that this is certainly something we can arrange – we will be in touch shortly to discuss your requirements in more detail.
I took a safe deposit box in a bank. I need to know about the insurance criteria for it.plz answer me
Thanks for getting in touch. We need to take a few basic details from you over the phone to arrange the cover. We will give you a call.
Looking to insure jewellery in bank safe deposits box what is cost of insurance
The insurance starts from £150. It depends on the value of your jewellery. We will be in touch via email to give you a personalised quote. Thanks.