Articles may be insured at all post offices. Insurance covers all risks in course of transmission by post . The prepayment of all charges on insured articles namely postage, registration and insurance fee is compulsory. Postage stamps affixed to an insured article must be placed apart from one another so that they may not serve to conceal injuries to the cover of the letter or parcel.
Articles which can be insured :
Registered letters
Value Payable Registered Letters
Registered Parcels
Value-Payable Registered Parcels
Articles for which insurance is compulsory :
- Coins
- Bullion
- Platinum
- Precious Stones
- Jewellery
- Currency Notes / Bank Notes
- Articles of Gold or Silver
All value payable articles on which the value exceeds Rs.100/-
Limit up to which articles can be insured :
Up to Rs.600/-, at Branch post offices
Up to Rs.1,00,000/-, in other post offices
Insured value shall not exceed the real value of the contents of the article insured.
The articles containing gold, coin or images/bullion government currency notes or bank notes or any combination of these shall be insured for the actual value of the contents.
Articles containing cash can be insured
up to a maximum of Rs.20,000/- only.
Rs.10/- upto the value of Rs.200/- and Rs.6/- for every additional Rs.100/- or part thereof, in addition to postage and registration fee.
An acknowledgement card is to be attached to the article
mandatory. No fee is payable towards acknowledgement.