dex08
DIS Veteran
- Joined
- Aug 22, 2007
- Messages
- 875
According to the USPS site, insurance only covers cash up to $15 unless you send your item as registered mail which covers cash up to $25,000 - and checks are not considered cash & cannot be insured.
"Limit on money (cash) insurable through the mail
Money (currency / cash) that is sent through the mail can be insured up to its value, within the stated limits:
Except for Registered Mail, the maximum indemnity for negotiable items (defined as instruments that can be convereted to cash without resort to forgery), currency, or bullion, is $15.00
For Registered Mail items, including money, the maximum insured value is $25,000
An item worth more than this must still be declared at full value, but the maximum insurable limit is $25,000.
When a claim is filed, money is replaced at the insured value:
After evidence of value is shown (if the actual value was less than the insured amount, then only the actual value is paid)
Important: If you are sending a significant amount of cash, you need to verify with your local office what is considered valid evidence of value before mailing the item. You should also verify that it is packaged securely enough to protect a high value item from being harmed during regular mail processing.
After the claim process is completed
Important: Checks are not considered cash, and cannot be insured other than for document reconstruction expense."
My insurance reference was for the other boxes, not reference to the cash.

