UPS Insurance Information for Shipping Small Packages
UPS Supplied Insurance
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First $100 per letter/package (free)
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$0.75 for each $100 (or portion of $100) of the total value declared, with a minimum charge of $2.25
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$50,000 maximum carrier liability per shipment (See "University Insurance" to insure shipments greater than $50,000)
University Insurance
The University can also insure shipments and the rates may be more competitive than the shipper can provide, especially for high-valued items. You can access information about that program at https://www.treasury.uillinois.edu/risk_management/.
Last Updated: January 19, 2011