In the United States, neither banks nor the FDIC insure the contents. wills, property deeds, or birth certificates), or computer data, which need protection from theft, fire, flood, tampering, or other perils. Safe deposit boxes are used to store valuable possessions, such as gemstones, precious metals, currency, marketable securities, luxury goods, important documents (e.g. Safe deposit boxes are generally located in banks, post offices or other institutions.
Safe deposit vault in Joplin, Missouri after the 2011 Joplin tornado, remaining intact despite the destruction of the bank that housed it.Ī safe deposit box, also known as a safety deposit box, is an individually secured container, usually held within a larger safe or bank vault. 'Safe deposit' redirects here not to be confused with Safedeposits in Scotland.
