Looking for a personal property floater for an individual who owns $800,000,000 in 20 year bearer bonds for a petrochemical company. Needs coverage because the individual is borrowing $400,000,000 against the bond through a lender, and the lender is requiring evidence of fire and theft coverage for the physical paper the bonds are printed on. The bonds are being held at Bank of America. BofA is not the lending company, just the place of deposit.
I DO have access to markets for this type of risk and experience with similar cases involving uncut gemstones. Please contact me at alex@gaslampinsurance.com or (800)920-4125x217
If you have not been able to get this handled let me know. Been working that market for 12 years with commdities brokers. Can get whatever you need. roger@jgifinancialservices.com
