The best Choice For Covering Your Customers' Shipments

Purchasing “limits of liability” or “shipment value” protection from the carriers is not the same as full package and cargo insurance. Even if additional insurance or a declared value is requested from the carrier, certain Terms of Carriage and/or bill of lading/airway bill limitations may still apply, such as:

• Acts of God (flood, earthquake, hurricane, tornado, etc.)
• Act or fault of the shipper or public authorities; and rust, oxidation, or discoloration
• Terrorism, strikes, riots, and in some jurisdictions theft by hijacking

RS Package Insurance provides the following:

• The policy protects your cargo while in transit against “all risks” of physical loss or damage.
• Shipments are insured for the full value of the shipment including all transportation charges AND your markup on the transaction, AND any packaging materials AND any packaging charges, so you are made whole. Coverage purchased through the carriers does not cover ANY of your packaging charges nor does it cover ANY of your freight charge profits.
• Coverage includes exposures not generally covered by legal liability or shipment value protection, including perils such as Acts of God, terrorism, strikes, riots, and civil commotions.
• Coverage includes transit by other carriers/subcontractors involved in the shipment, and provides protection from door to door, including return shipments.
• Shipments are insured for damage or loss  while the shipment sits in your store waiting for the the carrier pickup.
• You do not need to prove fault on the part of the carrier nor do you need to file any claim against the carrier. This can save months of time as the claim is paid on submission of documentation, and not based on proof of fault.
• Losses are paid quickly and efficiently.
• Claims are resolved regardless of whether the carrier is going to pay or not.
• RS Package Insurance Coverage premiums cost significantly less than carrier coverage, so providing full insurance to your customers not only provides superior coverage, but also represents a great new profit center for your store.
• This program allows you to offer real insurance to your drop-off shipment customers—a genuine, need-based new approach to allow you to make significant profit from drop-off shipments.

This new program is revolutionizing package and cargo insurance for the Retail Shipping Industry. Sign up for this program today and start covering your assets the right way.

Coverage

The RS Package Insurance Program is designed to protect and meet your needs. Some of its coverage benefits include:

• The policy protects your cargo against “all risks” of physical loss or damage while in transit.
• Coverage includes exposures not generally covered by legal liability protection, including perils such as Acts of God, terrorism, strikes, riots, and civil commotions.
• While shipments are at your physical location, they are protected against loss or damage that may occur prior to the carrier receiving these insured drop-off shipments.
• Shipments are insured for the full value of the shipment including all transportation charges and your mark-up on the transaction. In the event of a loss or damage you will be made whole (coverage purchased through a carrier does not cover the loss of your profits nor does it cover any part of your packaging charges).
• Coverage includes transit by other carriers/subcontractors involved in the shipment, and provides protection from door-to-door, including return shipments.
• You do not have to file any claim against the carrier and wait for their decision as to whether or not they will accept liability.
• You do not need to prove fault on the part of the carrier (this can save months of time as the claim is paid on submission of documentation and not based on proof of fault). 
• The RS Package Insurance Program allows you to offer insurance to your drop-off customers—with a significant profit margin. Now, all those drop-off customers can be viewed as a real revenue stream for your store—this is a game-changer.

Protecting Your Financial Interest

You have a vested interest in the shipment arriving safely. Loss or damage in transit has the potential to impose a financial loss and impact your client relationships. The best means of protecting all your interests is to purchase full coverage cargo insurance through the RS Package Insurance program.

Purchasing “limits of liability” or “shipment value” protection from carriers is not the same as full coverage package insurance. Even if additional insurance or a declared value is requested from the carrier, certain Terms of Carriage and/or Bill of Lading/Airway Bill limitations may still apply, such as:

• Acts of God (flood, earthquake, hurricane, tornado, etc.)
• Act or fault of the shipper or public authorities; and rust, oxidation, or discoloration
• Terrorism, strikes, riots, and in some jurisdictions theft by hijacking

Limit of Liability

• $50,000 per shipment
• All shipments valued at $10,000 or higher must be pre-approved by the Marsh program administrator, prior to shipment.

Any shipment valued at $1,000 or greater MUST be sent with Adult Signature Required for delivery in order for insurance coverage to be valid. This includes claims for loss and damage--no exceptions. Statistics show that shipments requiring a signature are handled better by delivery drivers and therefore are less likely to incur damage. 

NOTE: Carriers may provide “free” signature service on certain items that have a Declared Value of $500 or higher. This “free” service cannot be used with RS Package Insurance because no declared value is submitted to the carrier when third-party insurance is utilized.

Example 1: When using third-party insurance, FedEx does NOT provide a free signature service for packages valued at $500 or greater.
You MUST pay for Adult Signature Required service on all shipments covered for $1000 or more.

Example 2: DHL does not provide an Adult Signature Required Service from the US to other countries. Therefore, you would be required to ship via a different carrier or use the carrier's shipment value protection.

Example 3: USPS does not provide an Adult Signature Required Service on International Products. Therefore, you would be required to ship via a different carrier or use the carrier's shipment value protection.

Excluded Commodities

These commodities will not be insured UNDER ANY CIRCUMSTANCES.

• Live Plants or Animals (including reptiles, snakes, birds, insects, etc.)
• Bullion, Currency, Money, Securities, Accounts, Bills, Deeds, Evidence of Debt, Notes, Stamps, Gift/Phone cards/Tickets (such as Movie, Concert, Athletic event, etc.), Documents
• Precious Metals (gold, silver, etc. in forms of ingots, bullion, coins, etc.)
• Human remains (including ashes)
• Medical Samples and/or biological products/diagnostic specimens, blood, blood products, plasma, embryos, human or animal specimens or tissues, urine, bodily fluids.
• Ammunition and/or Explosives of any type
• Counterfeit, Illegal or Pirated goods or material
• Alcoholic Beverages
• Dangerous Goods / Firearms
• Industrial diamonds/carbons/ Gems, Gemstones
• Tobacco products; and
• Any item(s) the carriage of which is Excluded by any law, regulation or statute of any federal, state or local government to or through which the shipment may be carried.

Special Care Commodities

The Special Care commodities require extra precautions and conditions that must be fulfilled:

* Failure to use generally accepted standards and best practices for packaging including; shipping containers, cushioning materials and packaging techniques may result in claims denial for inadequate packaging.

JEWELRY / ARTWORK, ANTIQUES AND COLLECTIBLES

• A commercial sale receipt/invoice or Independent proof of value (replacement) must be available upon request
• Shipments must be professionally packaged *
• Shipments valued at or over $1,000; Various photographs of the goods during the packing process and from various
  angles

FURS, STATUARY AND TAXIDERMY

• A commercial sale receipt/invoice or Independent proof of value (replacement) must be available upon request
• Shipments must be professionally packaged *
• No coverage for infestation or degradation of goods due to inherent vice
• Shipments valued at or over $1,000; Various photographs of the goods during the packing process and from various
  angles

PERISHABLE ITEMS

(e.g. foods, foodstuffs, items requiring temperature control, etc.)

• Items must be packaged appropriately for transit *
• Shipments must be sent through Express Air Service
• No coverage for spoilage or degradation of goods due to delays
• Shipments valued at or over $1,000; Various photographs of the goods during the packing process and from various
  angles

PRESCRIPTION DRUGS

• Items must be packaged appropriately for transit *
• Shipments valued at or over $1,000; Various photographs of the goods during the packing process and from various
  angles

PERSONAL EFFECTS (AND HOUSEHOLD GOODS)

• A commercial sale receipt/invoice or Independent proof of value (replacement) must be available upon request
• Packing must be reviewed and approved by the RS store or packed by the RS store *
• Shipments valued at or over $1,000; Various photographs of the goods during the packing process and from various
  angles

ELECTRONICS
(such as TVs, Stereos, Home Theaters/Surround sound systems, Laptops, Computers, Tablets, Video Game consoles)

• A commercial sale receipt/invoice or Independent proof of value (replacement) must be available upon request
• Packing must be reviewed and approved by the RS store or packed by the RS store *
• Items packed in unmarked / no advertising boxes
• Shipments valued at or over $1,000; Various photographs of the goods during the packing process and from various
  angles

Coverage Restrictions

Coverage terms are based on all risks of physical loss or damage to the goods, and specifically exclude loss or damage due to:

• Loss or damage due to delay (lost earnings, loss of potential income, etc.)
• Inherent vice (item that due to its construction or nature can’t be readily shipped without damage no matter how well it is packed.) )
• Insufficiency or unsuitability of packing or preparation
• Radioactive contamination
• Gradual deterioration (e.g. gradual wear and tear or a machine over time, rust, oxidation, discoloration, etc.)
• Pre-existing damage
• Interruption of business or consequential loss of any kind, such as loss of use or market for the good(s).

See the policy wording for a full list of restrictions and exclusions.