The overwhelming majority of first-time buyers do not have their gold bullion/coin purchases sent to a depository.
For your clients purchasing gold, silver, platinum or other precious metals, there is now finally a compelling alternative to depository storage:
SDBIC allows for local, segregated and secure storage where clients can actually see, touch, and validate their inventory and purchases; and most important, SDBIC also allows your customers to obtain individual insurance coverage on their investments that is issued in their name and for the exact value of their purchases.
Store it and Insure it: Simply store precious metal purchases in a safe deposit box at a local bank or credit union, or at one of SDBIC’s growing network of SecurePlus accredited private vault facilities, and then insure it through SDBIC. The combined cost is significantly less–and coverage protection is greater–than that a depository.
SDBIC’s coverage offered in partnership with AXA ART, the only art and collectibles insurance specialist in the world, with unrivaled knowledge and expertise in the use, display and storage of high-value collectibles. AXA Art Americas Corporation products in the U.S. are underwritten by AXA Insurance Company. Read more here.
The sign-up process takes 5 minutes, with privacy and confidentiality maintained throughout. In fact, no disclosures or appraisals of the box/vault contents are required to obtain coverage. And no deductibles are paid upon loss.