Safety deposit boxes are commonly provided by banks and financial institutions and can be utilized for a number of items. Many people prefer to keep their important papers like birth certificates, estate papers, passports, and valuable metals in lockers. Those who consider utilizing the safety lockers must be aware of common facts about keeping a locker at bank for putting important stuff related to family, business, and home.
Safe deposit locker cost around an annual fee of 100 – 1000 Euro and if a bigger box is rented the annual cost would definitely be increased. People who keep huge lockers tend to pay more charges annually.
Make contact with insurance policy provider
When renting a safety deposit box from the bank, one must make contact with an insurance company as the contents of the lockers do not come under the insurance. Make talks with the insurance agent to get the things insured because many times when floods and natural calamities hit the land, banks also get destructed and things lost are not compensated. Therefore, to be on a safe side, get all the things insured when putting them into the safety lockers of banks.
Visit your locker before setting out on a journey
People must visit their locker before setting out on a journey or going abroad as many documents might be required overseas. Passports, birth certificates, insurance policy papers, and driving license files must be copied and the originals must be kept in the bank.
Make some authorized to access your account
Many times a person is not available in town and the family needs to access the things from these safe deposit box. For this purpose people are advised to authorize the power to someone they trust at the time of renting a locker so that the authorized person can access the locker in absence of the account holder.
Things to get into the safety locker
safety deposit lockers can be utilized for keeping many kinds of valuables and belongings. Common things to be kept in a locker include medical care files, power of attorney papers, will, deeds, agreements, contracts, stick papers, shares, marriage certificate, family videotapes, photographs, jewels, gold bars, silver coins, precious stones, personal diaries, passports, educational certificates, degrees, medals, trophies, and insurance policy papers. When putting all these things inside a locker, copies should be made to be kept at home for emergency use.
Safety deposit lockers are ideal for people who keep their homes left out all day and there is a risk of burglars to break in as there is no one at the house to keep a check. With lockers, people can get a sigh of relief as they can travel freely without worrying about the precious stuff left at home.