How safe are safety deposit boxes? Does anyone have any strong opinions or advice on this?
Also does anyone know of an insurance company that will provide insurance cover for the contents of a safety deposit box stored at a bank and more specifically for contents which are primarily gold bullion.
The reason I ask is that I recently acquired a safety deposit box at an ANZ branch and was surprised to discover that after having to indemnify the bank against any kind of loss I was then not able to actually witness my cash box being lodged into the bank's strong room. I had to hand over the box to a customer service officer at the service desk and could not follow the officer to the storage location.