What does Parcel Post insurance mean? Read on to discover the definition & meaning of the term Parcel Post insurance - to help you better understand the language used in insurance policies.
Parcel Post insurance
Parcel post insurance is coverage for damage to or loss of an item shipped through either a government courier such as the US Postal Service or a private courier company. The courier itself often provides this insurance, and the premium is based on the value of the items being shipped. There are some items that cannot be covered by this insurance.
We hope the you have a better understanding of the meaning of Parcel Post insurance.