Storage – Is my bullion insured?

Customer holdings are protected through the use of Delaware Depository’s account structure, proprietary systems, stringent internal controls, and state-of-the-art security systems, along with various insurance coverages.  Legal protections are afforded through the Uniform Commercial Code (i.e., holdings are identified as customer, not Delaware Depository’s assets).  Also, Delaware Depository maintains $1 billion in “all risk” insurance coverage for bullion held in its high-security vaults, and $100 million in contingent vault coverage.  Our policy is through London underwriters and includes all risks of physical loss and/or physical damage, including mysterious disappearance and/or unexplained loss and shortage, employee dishonesty and theft. Loss or damage from fire, flood or other natural disaster are covered.  Loss caused by acts of war, terrorism, cyber-attack, radioactive contamination, and chemical, biological, biochemical and electromagnetic weapons are excluded.