Here's a "combo" that gives you a more efficient, cost-saving shipping operation. Combine Parcel Insurance Plan's program with a manifest or electronic shipping system and realize significant savings in your shipping department.
A manifest/clcctronic system will cut your costs by saving employee time, giving you a better paper trail, improving the productivity of your operation and helping you select the best way to ship. Add Parcel Insurance Plan to the system's benefits and cut your costs more. Much more.
Insuring your packages with Parcel Insurance Plan will save you up to 65% of what you are now spending to insure with the carrier. These savings can help you offset the purchase or lease of a new shipping system.
It's an unbeatable combination-new shipping system and a package insurance plan-together saving you money and improving your shipping operation.
YOUR BENEFITS WITH PARCEL INSURANCE PLAN
Our rates are up to 65% less than UPS and RPS and up to 50% less than Fed Ex, USPS and most small parcel carriers.
Expedite and simplify movement of parcels through your shipping department by as much as 55%. This is possible by reducing paper work required to buy insurance. It is no longer necessary to enter a reference number and value on a UPS or other carrier's pick-up record. With USPS you don't need to enter insured packages in the "Firm Mailing Book" and hand stamp the package "Insured".
BETTER SERVICE TO YOUR CUSTOMERS
Even if you pass on insurance costs to the consignee you are not reimbursed for your costs of processing and doing the clerical work required to insure a package. Insuring with PIP gives you a way to reduce costs related to shipping an insured package. You can use the savings to obtain equipment which will enable you to provide more responsive customer service. Or you can use the savings to benefit your customers by passing along the rate savings to gain both a competitive advantage and goodwill.
WHAT AND HOW MUCH IS COVERED?
PIP will insure packages against theft, loss, damage or pilferage. Most carriers can be covered: UPS, RPS, Fed Ex, other air express and regional carriers, USPS and bus. Motor freight coverage is also available. Basic coverage insures shipments in the USA, its possessions and Canada. Coveragc can be extended to include overseas shipments. Limits up to $5,000 per package are available, if required, and requests for higher limits will be considered. Parcel Post limits for domestic or international shipments can be provided above S600 a package.
IS PIP FOR EVERY SHIPPER?
PIP is geared to the volume shipper. These shippers deserve a break on insurance costs. They usually pack better, label better, ship better and keep documents that permit better tracing. Shippers who qualify for PIP presently spend about $1000 or more annually to insure their packages. Another way to estimate whether you qualify is to determine if you have an average of $1500 per day in declared value.
COMPARE UPS INSURANCE WITH PIP
PIP's rate for insuring a UPS package is 15c per $100 versus UPS's 35c. Look at the difference on a per package basis and multiply by the packages you send to estimate what you'll save.
| Package Value | UPS | PIP |
| $550 | $1.75 | $75. |
| $1100 | 3.50 | 1.50 |
| $2000 | 6.65 | 2.85 |
| $3600 | 12.25 | 5.25 |
*High risk goods, such as furs, jewelry and electronics, as well as mail centers, do not qualify for a 65% savings. However, these can qualify for savings up to 30%. Bullion, coins, etc. are not insurable through PIP.
Here's a few examples of the annual savings possible. A department store saves $4500 per year with PIP.A sporting goods wholesaler saves $6800 per year and an electronic goods shipper estimates savings of over $12,000 per year.
HOW PIP WORKS WITH MANIFEST/ELECTRONIC SHIPPING SYSTEMS
With a program for PIP insured packages built into the system's software, simply, input the valuc of each package. The system will track insured packages by declared value/insurance units or by insurance charges. To calculate and remit your premium at the end of the month: a) if units, multiply the total insurance units bv PIP's rate per unit, or b) if charges, multiply the total insurance charges by PIP's discount rate. While procedures vary with each system, your equipment representative will help you add PIP.
Claims Payment
When you have a UPS, RPS, etc. claim, just submit it to the carrier. When the carrier pays the first $100 of the loss, send the information to PIP. With a Parcel Post claim, submit a statement of non-reccipt or damage from your consignee with related information. Your claim will be paid within seven working days.
In business since 1966, Parcel Insurance Plan is the only insurance agency in the country that specializes in parcel insurance exclusively. All coverages are underwrittcn by Fireman's Fund.
All insurance functions of the program (sales, reports, underwriting, claims, etc.) are handled from a central office in St. Louis. This allows PIP to minimize overhead and maintain low rates while maximizing services to clients on a nationwide basis.
Prove to yourself you can (1) save up to 65% or more on parcel insurance costs, (2) offset the cost of your manifest/electronic shipping system, (3) eliminate most insurance paper work and record-keeping, and (4) speed up movements of parcels through your shipping department.
WE GUARANTEE IT!
How can National Plan offer you a shipping system which costs you nothing?
It's really very simple. If your shipping volumes meet our criteria, your local NPP shipping specialist will place a new computerized shipping system in your warehouse with no long term lease or other obligation, In exchange, we bill you for a portion of the carrier savings that our system generates and/or the equivalent of what the carrier would charge you for declared value coverage on your pacels.
We bill weekly based on the savings which our system captures and/or the declared value units you process. You get the right shipping system for the job, which in addition to immediate access to freight savings programs will improvve efficiency and provide direct labor savings dollars.
As an experienced commercial shipper you deserve a superior program.
NPP ADVANTAGES
How can you determine if you qualify for the NPP program? Simply have your local NPP shipping specialist complete a short survey of your shipping volumes and system needs.
