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
The Future of Insurtech: How Technology is Transforming the Insurance Industry
Inside the Details of Auto Transport Insurance: An Expert Interview
Expert Insights: The Ins and Outs of Moving Insurance
Interview With Todd Taylor On Strategizing Large Group Health Insurance
Future Trends in Pain Management Billing and Insurance: Adapting to Change
Understanding EPO Health Insurance Plans
Related Reading
Revealing the Most And Least Popular U.S. Insurance Companies
How to Get Into the Insurance Industry With a Finance Degree