SDBIC Partners with BlueVault to Bring First Vault Facility Insurance to CA; BlueVault Earns SDBIC SecurePlus Accreditation
SDBIC, a leader in vault insurance solutions and risk assessment, announced today that San Diego-based BlueVault is the first vault company in California to receive SDBIC SecurePlus accreditation.
As a result of the accreditation, BlueVault now provides economical insurance solutions for its customers covering all legal property contained in a safe deposit box or private vault unit against all natural disasters, as well as theft due to burglary or robbery and other catastrophes.
Special features of this coverage include no requirements for upfront disclosures or appraisals to obtain or increase coverage, nor are deductibles paid upon any loss. Coverage extends to also protect property with no intrinsic market value, including important papers and documents such as wills, titles, deeds, trusts, passports, digital backups and photos.
Vault customers can select the precise amount of insurance coverage desired for their contents and have a policy issued directly in their name, which they can actively manage to address any changes in the property being stored.
SDBIC coverage at BlueVault is offered in partnership with AXA ART, a member of the global AXA Group, one of the largest insurance companies in the world.
“We are continuously working to ensure that our facilities offer customers the most sophisticated and innovative security coupled with unparalleled privacy and confidentiality,” said David Johnson, Operations Director of BlueVault. “The SecurePlus facility accreditation together with SDBIC’s unique, comprehensive insurance provides our customers the maximum protection against loss of their valuable property.”
SecurePlus accreditation was developed by SDBIC in response to the lack of recognized standards to assess the safety of contents being stored at private vault facilities. It allows the most comprehensive and cost effective insurance program available to vault owners today, affording them a distinct competitive advantage over banks and large depositories, while further enhancing the value of its core storage services to better attract and retain customers.
To become accredited, a facility undergoes a rigorous assessment of its physical design and operations, involving analysis and inquiries in over 200 different areas ranging from vault design and construction, physical and electronic security, access technology and controls, fire detection and suppression, institutional policy and procedures, and management oversight.
“SecurePlus and SDBIC coverage represent a critical service enhancement for vault companies,” said Jerry Pluard, President of SDBIC. “It provides additional comfort and personalized insurance for their customers, without incurring the substantial expense associated with carrying a blanket all risk policy.”
BlueVault customers can quickly and easily obtain coverage limits– up to $500,000 or more –by calling BlueVault directly at 619-342-8090.
Safe Deposit Box Insurance Coverage, LLC (SDBIC) was founded around one simple concept–to help consumers protect their most valued possessions. We are an advocate for the use of safe storage and the leading provider of insurance solutions for consumers’ valuables. Our patented insurance solution protects possessions stored inside safe deposit boxes or vault facilities, without compromising on confidentiality or privacy. SDBIC partnered with AXA Art Americas Corporation to offer this new insurance. AXA ART products are underwritten by AXA Insurance Company, which maintains an “A (Excellent)” Financial Strength Rating and an “a+” Issuer Credit Rating from A.M. Best. To learn more about how to become an accredited facility or to sign up for coverage please visit www.insuremybox.com or call 224-227-6181.
Press Release: http://www.prweb.com/releases/2016/02/prweb13193805.htm