Security is always a big issue. We rest easier at home knowing our gates and doors are locked. That we have security systems switched on in case of intruders or burglary. We don’t carry large amounts of cash, but rely on ATMs and credit cards for the same reason. We are worried about security. It is easy to overlook the security of essential personal documents.

We don’t often need to use or produce these, and they often find themselves pushed to the far reaches of drawers and bureaus until we do need them. Sadly, with issues like crime and identity theft on the rise, we would be wise to consider a higher level of security for these important papers.

What Is a Safe Deposit Box?

A safe deposit box, just like those from https://avivaults.com.au/safety-deposit-boxes-sydney/, is a lockable box stored in a vault or other secure facility with access restricted only to the depositor. These boxes are often opened with a PIN, but the most secure use a dual key system where the depositor and a member of the secure facility’s staff have both to be present in order to assess the box.

The keys used in this system are unique and cannot be copied. Entry to these facilities is constantly monitored and very strictly controlled. Safe deposit boxes are accessible to their depositors for longer periods than banking hours, which makes them a more attractive storage option for anyone with security concerns.

Why a safe deposit box is not old school

What Kinds of Documents Can Be Placed in Secure Storage?

Any document which would be costly and time consuming to replace can be securely stored in a safe deposit box. Titles and property deeds are essential documents when arranging finance, sale of real estate, or insurance, and can take a long time to replace if lost, stolen, or destroyed; being drawn up by legal experts, their replacement also involves not inconsiderable fees.

Personal documents such as passports, and birth and marriage certificates are also not replaceable overnight and can be securely stored. Finally, degree certificates, academic transcripts, and professional diplomas and qualifications take time to replace and are best kept in a secure place.

What Are The Threats a Safe Deposit Box Eradicates?

Keeping essential paperwork at home, you run the risk of theft, fire or flooding. In the case of theft, the risk is heightened as your personal document could be used in the commission of crimes like fraud in which you could be unwittingly implicated. Fire and floods are real hazards. They can occur with no warning. So you could find yourself missing essential paperwork at a time of emergency when you may well need it pressingly.

A safe deposit box gives the maximum protection against theft. It is what secure storage facilities are designed for. Fire and flooding are also protected against in a sealed steel lined vault accessed by air locks. Whatever the threat, your important documents will be far more secure in a safe deposit box than anywhere else.

Conclusion
Know What Is In Your Safe Box

Before securing valuable documents in a safe box, make an inventory of them and include expiry dates where applicable. This will mean you know exactly where they are when you need them, and that they remain current.