First Citizens National Bank & SDBIC Introduce Safe Deposit Box Insurance in Tennessee
Safe Deposit Box Insurance Coverage, LLC (SDBIC) entered into agreement with First Citizens National Bank, a full-service financial institution with more than 125 years of history and heritage in the state of Tennessee, to provide customers with the opportunity to insure the contents of their safe deposit boxes.
Through this partnership, First Citizens National Bank becomes the first bank in the state to offer this valuable coverage to its customers, which is the only insurance solution in the market that covers all legal property in a safe deposit box against burglary, robbery and other man-made catastrophes. The policy also protects against all natural disasters, including earthquakes. More information can be found at www.insuremybox.com/fcnb.
“We strive to provide our customers with value added products and services to best manage and protect their financial assets and well-being,” said Judy Long, FirstCNB President & COO. “Partnering with SDBIC offers our customers an easy, convenient and affordable way to protect their most valuable assets. We are very excited to be the first financial institution in the state of Tennessee to roll out this beneficial program.”
Safe deposit boxes are the best option for storing valuables and universally recommended by federal, state and local law enforcement and relief agencies. Given the increased frequency and severity of natural disasters and other catastrophes, which no vault or box can protect against, it is widely recommended that box holders maintain some level of insurance coverage.
SDBIC’s unique, patented insurance solution is specifically designed to protect those possessions stored inside safe deposit boxes, without compromising confidentiality or privacy.
- No disclosure of what is in the box;
- No deductibles;
- Box holder selects the desired amount of coverage, starting as low as $25 a year;
- Property added to the box is automatically covered up to existing limits chosen; and
- Documents, wills, titles, deeds, photos and electronic back-up devices are covered.
“Our patented solution offers tangible benefits far beyond any existing homeowners’ insurance policy, with the added advantages of confidentiality, convenience and transparency,” said Jerry Pluard, President of SDBIC. “We are thrilled to be working with a leading and respected institution such as First Citizens National Bank.”
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First Citizens National Bank, headquartered in Dyersburg, TN with 21 locations throughout Tennessee, is a full service community bank with approximately $1.5 Billion in assets offering deposit, lending, wealth management, cash management, trust, insurance, and investments. First Citizens National Bank ranked 49th in American Banker’s Top 200 Community Banks of 2015. In 2013, 2014, and 2015 the bank was named one of the Best Banks to Work For by American Banker and Best Companies Group.
For more information about First Citizens National Bank please visit www.FirstCNB.com.
Safe Deposit Box Insurance Coverage, LLC (SDBIC) was founded around one simple concept–help consumers protect their most valued possessions. We are an advocate for the use of safe storage in financial institutions and the leading provider of insurance solutions for consumers’ valuables. Our unique, patented insurance solution protects possessions stored inside safe deposit boxes, without compromising on confidentiality or privacy. SDBIC is one of the fastest growing bank insurance products in the market today. To learn more about SDBIC and/or sign up for coverage please visit www.insuremybox.com or call toll free at (844) 4-Box-Insurance.
Press Release: http://www.prweb.com/releases/2015/09/prweb12965556.htm