Are safe deposit boxes insured?
Short Answer
- Yes, complimentary insurance is included at some locations
- Cover levels vary by location
- Additional cover available upon request
Long Answer
IBV International Vaults includes complimentary insurance with every safe deposit box
rental at some locations. Cover amounts vary depending on the branch; for instance, the
London vault offers coverage up to £100,000, while the Dubai vault provides coverage of up
to $10,000. Clients with higher-value items may purchase additional insurance to suit their
needs. IBV works with trusted insurance partners to offer flexible, comprehensive plans,
giving clients the assurance that their valuables are not only protected physically but
financially as well. It’s recommended to discuss insurance options with the branch team
during the rental process
