UPS is liable for loss or damage, at no extra cost, for up to $100.00 for each domestic package, international shipment, or pallet in a UPS Worldwide Express Freight® shipment, where there is no declared value. If the value of your goods exceeds this amount, you can declare up to $50,000 per package or $100,000 per pallet (subject to terms and conditions) by entering the declared value when you create a shipment on ups.com and paying an additional charge. Certain domestic packages are eligible for the enhanced maximum declared value of $70,000, subject to restrictions set forth in the UPS Tariff/Terms and Conditions of Service. Please note that these amounts are in U.S. dollars. When a shipper declares a value in excess of $100, it does not receive any form of insurance.
Insurance for in-transit goods is available through UPS’s licensed affiliate UPS Capital Insurance Agency, Inc. The supply chain insurance professionals at UPS Capital can work with you to customize an affordable policy based on what you ship and how you ship your goods. Or, you can obtain transactional coverage for single shipments only. Benefits include: