From cash and precious metals to high value documents, the diverse nature of these assets makes them well suited to our specialist underwriters’ approach to creating bespoke coverage.

This includes a particular expertise in insurance for excess coverage in relation to protections offered by the Securities Investor Protection Corporation (SIPC); Canadian Investor Protection Fund (CIPF); ERISA bonds; and lost instrument bonds.

Target market

A range of organisations can benefit from Beazley’s general specie cover including:

• Investment banks
• Financial traders, dealers and brokers
• Coin dealers
• Vault risk.

Coverage

• All risks of physical loss or damage. Our products are mainly first party physical loss or damage / theft forms but legal liability cover is offered in some areas based on the contractual responsibility of the client to the interest insured
• Losses whilst in transit or at secure storage facilities
• Fidelity perils (also available with an extended discovery period)
• Terrorism
• Natural perils and catastrophe.

Limits

Up to $100,000,000

Territories

Worldwide