Courier insurance was introduced to provide protection for couriers and packages. Normal insurance policies can’t cover the risk of damaged courier.
A specific courier insurance policy you need to get the proper insurance covering that will protect your courier. A premium courier insurance policy may offer various level of covering for anyone who will carry others goods and package.
These policies are basically designed to protect your employees, cargo, vehicles against several damages and other critical risks. These insurance policies may vary company to company which may include replacement of vehicle, glass cover, legal cover, etc. It will definitely help you to run your business even if you loss cargo and damage vehicles.
Need of courier insurance.
Couriers and courier companies are exposed to face daily risks. It can be package lost, vehicles damage, shipment problem etc. Now if you are planning to go with normal insurance covering then you may not get the necessary insurance covering. You need special courier insurance that could cover you :
1. Goods while its in transit
2. Vehicles damaging
3. Liability from the Employer’s side.
4. Public liability and more.
Its always recommended for special premium insurance,as you will be doing your business in long term basis. You may discover the cheapest insurance options but ultimately the right policy only works.