In today’s digital era, in which anything that matters is safely stored in all sorts of “clouds”, a safe deposit box is like a blast from the past. But don’t go dismissing the importance of having certain valuables safely locked away in a deposit box just yet.
A safe deposit box can serve as a protection tool for many important documents and prized possessions. “I have birth certificates and Social Security cards and old valuable baseball cards that belonged to my father’s in a safe deposit box,” says William P. Simons IV, president, and CEO of Rust Insurance Agency in Washington, D.C.
However, a safe deposit box is not always the best choice when it comes to storing crucial or valuable items. There are certain things you simply cannot keep tucked away in your bank’s vault. Curious to know what these are? Then read on to find out seven such things experts advise you not to lock away in your bank if you want to avoid unpleasant situations!