Parcel Insurance: Conditions, Benefits, and Reasons to Order
15.04.2025

Parcel Insurance: Conditions, Benefits, and Reasons to Order

To protect your belongings even more, we recommend paying attention to the additional conditions of parcel insurance. Meest Canada have a basic protection for all deliveries, providing reliable conditions.

However, all long-distance senders will especially appreciate purchasing additional services and an extended insurance for shipping. Our in-depth review provides the valuable details you may need.

Parcel Delivery and Shipping Insurance

Two terms are often confused by senders. Let's take a closer look at them:

  • The parcel value. It's the number by which you estimate the contents of the box. When purchasing parcel insurance, this amount is of no particular importance when paying out an insured event.

  • Maximum coverage amount. According to the contract, this is the shipping coverage money you can count on if the package is lost or damaged.

Pay attention. In Meest Canada, the maximum amount covered is 800 CAD.

Insurance Cost: How to Calculate

The company provides shipping security even if you do not purchase an additional service. However, the value of the parcel and its goods can be dear to you financially and as a family heirloom. You want to ensure delivery with maximum confidence that it will be given all the necessary attention and even more.

Meest Canada shipping offers a simple formula for calculating the shipping protection service: the insurance price is 5% of the maximum amount paid for an insured event.

Example: for instance, you want to apply the maximum possible tariff for Europe or India of 800 dollars. Then you must order a pick-up service and also pay the following amount for the insurance agreement: 800x5% = 40 dollars. The total delivery cost will be 40 dollars plus your regular shipping price.

Parcel Insurance Benefits from Meest Canada

You can enjoy precisely the safe method of delivery. Sometimes, people worry about when they plan to address a box with personal belongings to relatives far away. Don't be afraid. For this, there are several benefits of shipping coverage:

  • Complete coverage of the value of the contents of the parcel.

  • Covering shipping costs.

  • Compensation up to $800 plus shipping costs in case of damage or lost parcel.

This way, you can ensure that ordering insurance is not just a tick for peace of mind but also a profitable deal.

Basic Insurance for Parcels Plus Additional Conditions

Note that all shipments from the Meest company are automatically insured for 60 CAD.

The purchase of additional services for package protection is recommended for the following customers:

  • If the package contains products of more than 100 dollars.

  • People who want to get more protection.

Remember that the service treats each shipment with care. There is no need to be afraid of a lost or damaged parcel.

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