UPS.com insurance policy account settings

Need help navigating to the edit shipping account page?

Check out the Enable lost and damage service article within this Optimum Parcel help center.

The settings listed below are intended to provide guidance to Optimum Parcel customers in configuring lost and damage claims for a UPS® account within the Optimum Parcel customer dashboard. The options detailed below are available within the Edit shipping account page, on the Lost and damage service section.

Template / Default options for UPS.com shippers:

  • Enabled. Y (Auto)

    This ensures that claims are filed automatically.
  • Include service failures. N

    Late shipments are excluded from filing.

    Claims will be submitted on lost and damaged shipments only.

  • Claim type. UPS.com

    Do you work with UPS® Capital on insurance claims? Refer to the UPS® Capital template defined within this help center.
  • Product name. Specific to your business

    Enter the name of the product you ship the most.

    Tip: Be specific by choosing the name of a single product.

    Tip: Use the same name defined on your customer invoice.

    1. Example: Dress
    2. Example: Fresh flower
    3. Example: Control board – ABS481
  • Product description. Specific to your business

    Tell us a bit more about the Product.
    1. Example: Black maxi dress, size S
    2. Example: Two dozen cut roses
    3. Example: GPS, Wifi enabled version
  • Product quantity. Specific to your business

    Provide the quantity of the product included in typical order.

    Note: This will be used to create each line item on the documents generated.

    1. Example: 1
    2. Example: 2
    3. Example: 16
  • Product price. Specific to your business

    Provide the list price ofthe product included in typical order.

    Note: This will be used to create each line item on the documents generated.

    1. Example: $49.00
    2. Example: $56.99
    3. Example: $120.00
  • Claim valuation methodology. Fixed valuation methodology

    This determines how the total of the claim is calculated.
  • Claim amount. $100

    This implies a $100 claim amount on each claim submitted.
  • Comments/explanation. Blank

    Comments are reserved for perishable shippers.
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