Registered Mail Insurance
Updated: 29 February 2024
What Does Registered Mail Insurance Mean?
Registered mail insurance is insurance that provides coverage for losses that can accumulate through sending mail through a postal service. Registered mail losses can accumulate if mail is destroyed, lost, or stolen.
Insuranceopedia Explains Registered Mail Insurance
Not everyone who ships mail purchases registered mail insurance. However, when people ship items that are on the more valuable side, they may opt to purchase it.
For example, if someone is shipping a bar of gold from California to Delaware that is worth $10,000, it might be wise to purchase registered mail insurance. They would then be covered in the even that the bar was damaged, stolen, or lost, as long as there are no relevant exclusions in the policy.
Related Definitions
Related Terms
Related Articles
Insurance Self-Service Portal: The Future of Customer Experience
Blockchain’s Impact on Transforming the Insurance Landscape
What Every College Student Should Know About Renters Insurance
Guidance for Nurses: Five Essential HIPAA Compliance Tips
Insuring Your Financial Future: the Crucial Role of Accounting in Insurance
The Future of Insurtech: How Technology is Transforming the Insurance Industry
Related Reading
Revealing the Most And Least Popular U.S. Insurance Companies
What Students Need to Know About Insurance Coverage During Internships
A Roadmap for Students Interested in the Insurance Industry
Strong Identity Verification in the Insurance Sector
How to Avoid Online Insurance Scams
How to Get Into the Insurance Industry With a Finance Degree