Insurance of bullion
Insurance and Safeguards
The founders of the independent storage company also manage an insurance broker and are very well versed in obtaining the correct cover for in-specie assets. The vaults have dual locking features, electronic security, sensors and CCTV with direct communication to the Police station located nearby. The Channel Islands have a very low crime rate where armed violence and robbery are extremely rare. For the sake of stating the obvious, they are islands with limited entry and exit points.
In the vault your bullion purchase is soundly protected.
• It is insured by Lloyds of London for full value against theft and damage
• The bullion purchased from Guernsey-Gold is specifically assigned to you.
• Withdrawal restrictions ensure that only you can collect bullion subject to a combination of identification and code words exchanged previously
We guarantee never to lend your bullion to any other institution or individual thereby avoid any further counterparty risk. There is no co-mingling of bars such that each customer’s bullion will be physically stored and separated from those of other customers. The officers of Guernsey Gold are also covered by a separate insurance policy to transport bullion. In the post or by courier your purchase is fully insured as part of the delivery price. The directors of Guernsey Gold can only access the vault with the owner of the vault and in eachother's company as signatories of the Company.
Guernsey-Gold is subject to rules issued by the Guernsey Financial Services Commission under legislation for the Registration of Non-Regulated Financial Services Businesses.