It saves lot of money if something bad happens (being stolen or lost in fire) to gold you already have.
It protects gold against theft as well as damage caused by fire or water.
i ) How much you want to invest in your gold policy ? For quick return, go with short-term policy.
Factors To Consider When Buying Gold Insurance
If you want long-term, then consider investing more money upfront.
ii ) Consider whether or not you want coverage for bullion coins or bars.
If you have gold bars or coins, then get each one covered separately.
iii ) Make sure that company is reputable and has been in business for long time.
iv ) Make sure that company offers coverage options you need. v ) Understand what kind of price range exists for insurance companies.