How much does insurance cost?

We cover damaged or lost packages by following carriers’ policy to decide on compensated amount. Since each carrier has their own compensation policy and limits the maximum amount to be compensated, you can buy shipping insurance to be eligible for an additional compensation in case of any shipping issue. Please note that an undervalued package is not eligible for a full compensation.

Please refer to below insurance coverage by carriers and additional insurance fee & handling fee charged by carrier and Delivered Korea. Please contact Delivered Support team to get a quotation for insurance/declaring a value for your shipment.

Fedex

  • Free insurance coverage: Max. $20/kg or US$100 which is greater

Note! FedEx does not offer shipping insurance and their free coverage is limited to a maximum compensation of US$100 or $20/kg whichever greater. If you want a higher liability of carrier, you can declare a value with FedEx and pay Declared Value Surcharge which is decided on details and destination of the package. Please note that declaring a value with the carrier is completely independent of your insurance arrangement, and it does not guarantee you’ll be fully reimbursed for a lost or damaged shipment or receive the exact amount you declared.

EMS

  • Free insurance: 70,000KRW + 7,870KRW/kg
  • Additional insurance fee: $5(Delivered Insurance Handling Fee) + $3 (up to KRW 114,300), +$0.5/KRW114,300

UPS

  • Free insurance: Max. $100

Note! UPS Does not offer shipping insurance and their free coverage is limited to a maximum compensation of US$100. If you want a higher liability of carrier, you can declare a value with UPS and pay Declared Value Surcharge which is decided on details and destination of the package. Please note that declaring a value with the carrier is completely independent of your insurance arrangement, and it does not guarantee you’ll be fully reimbursed for a lost or damaged shipment or receive the exact amount you declared.

ARAMEX

  • Free insurance coverage: up to US$100
  • Additional insurance fee: $5(Delivered Insurance Handling Fee) + $20/package (covers up to 110% of an invoice value)

Note! This coverage guarantees insurance until the package arrives in destination airport and does not guarantee insurance for door-to-door delivery.

If you have any questions, please email us at [email protected]. Thank you very much.