Security and Integrity
No one should store fine wine without considering its safety.
In a market where insolvency and fraud is not
uncommon, you need to look into every detail of your chosen storage
facility and its environment, to ensure that your wine is
absolutely safe.
A key element to make sure of is the physical security of your
wine, and of the storage where it lies. Like any other high-value
investment, fine wine needs to be stored under tight security,
where it can be completely safe from tampering or theft. Another
very important element is the financial security of your wine. If
you have chosen professional storage, it is imperative that the
facility is financially secure, with unquestioned integrity. There
have been examples of bonded storage facilities going into
liquidation, with their clients' claims considered only after HM
Revenue & Customs, and other creditors, have recovered their
losses.
Your precious investment should be properly insured, and you
need to go through your insurance policy with extra care, so that
you understand exactly what is covered. Typically, household
policies do not cover fine wines.
If your wine is in commercial storage, their 'all risks'
insurance may not deliver what it suggests. You may be covered for
an incident involving a number of cases of wine, but you need to
question whether the policy provides sufficient cover in the event
of a disaster, which could result in total loss of all wines stored
in the facility.
For example, customers of a storage facility in California
suffered huge losses when the warehouse's entire stock was
destroyed by fire. For this reason, you may need to consider an
extra policy to make up for any shortfalls.
You need to make sure that your fine wine is treated like any
other investment whose value demands high levels of security.
Octavian Vaults is supported by the financial strength of Cert
Octavian, and that helps us to provide you with enhanced insurance
that covers the full replacement value for any wine damaged or lost
during the day-to-day operation of our cellars. Even in the
extremely unlikely event of a major catastrophe, which results in
all stock being destroyed, our insurance policy will provide cover
for every single bottle to its latest declared value. You need no
supplementary insurance, because Octavian Vaults' bespoke insurance
cover will carry your name and stock details.
We also provide assistance with annual valuation of stock, which
will automatically be passed on to our insurers and updated on to
the policy. This is an invaluable element of the Octavian Vaults
service.
Our unique facility gives us the kind of security that is hard
to match, a 'Fort Knox' for wine. The natural security elements are
further reinforced with manned security cover 24 hours a day. The
entire site is constantly monitored by infrared beams, movement
detectors and security cameras. Just as all of these measures
protect your wine from the world outside, our highly skilled staff
make sure that it is completely safe and untouched inside. Your
wine is looked after by people who have integrity and decades of
specialist expertise.
Octavian Vaults provides you with all the security that an
investment needs, and that includes financial security. You benefit
from the substantial financial strength of Cert Octavian, and
that's a distinction that matters when laying down your wine for 10
years, or more.