Registered Mail Insurance
Updated: 21 October 2024
What Does Registered Mail Insurance Mean?
Registered mail insurance provides coverage for losses that may occur when sending mail through a postal service. These losses can arise if the mail is destroyed, lost, or stolen.
Insuranceopedia Explains Registered Mail Insurance
Not everyone who ships mail chooses to purchase registered mail insurance. However, for more valuable items, individuals may opt for this additional protection.
For instance, if someone is shipping a gold bar worth $10,000 from California to Delaware, it would be wise to purchase registered mail insurance. This would cover the item in the event it is damaged, stolen, or lost, provided there are no applicable exclusions in the policy.
