I just recieved a transient phone and the shipping company is FedEx. On the reciept the declared value is $100. Do I hold to pay it? Can someone please explain this fully to me? Thank you!
Answers: The sender of a box declares a effectiveness for the postal company's use only. It is used if the roll is lost or damaged and the sender wishes to gross a claim against the shipping company. You do not have to pay envelope that much. Usually the declared value may be slightly difficult than market effectiveness becasue they wrap in the cost of have to go find another one right presently at a local store to immediately replace the lost one, not the cost of one you may be capable of get online at a well-mannered price.
For insurance purposes the package is declared to own a value of 100, which ends the amount fed ex might own to pay should they lose the packet, or have it crushed or doesn`t matter what.
No, you do not pay declared convenience. It is just a risk limiting convenience.
A declared value of 100 on an item of no indisputable value does not be going to Fedex insurer would pay 100. They might opt to replace the item of no legitimate value should they lose it.
IF it come from another country, that's the value that you hold to pay customs for. If it's insured, that's how much it's insured for.
Answers: The sender of a box declares a effectiveness for the postal company's use only. It is used if the roll is lost or damaged and the sender wishes to gross a claim against the shipping company. You do not have to pay envelope that much. Usually the declared value may be slightly difficult than market effectiveness becasue they wrap in the cost of have to go find another one right presently at a local store to immediately replace the lost one, not the cost of one you may be capable of get online at a well-mannered price.
For insurance purposes the package is declared to own a value of 100, which ends the amount fed ex might own to pay should they lose the packet, or have it crushed or doesn`t matter what.
No, you do not pay declared convenience. It is just a risk limiting convenience.
A declared value of 100 on an item of no indisputable value does not be going to Fedex insurer would pay 100. They might opt to replace the item of no legitimate value should they lose it.
IF it come from another country, that's the value that you hold to pay customs for. If it's insured, that's how much it's insured for.