Insurance Rates & Compensation

Mandatory Insurance Conditions

Insurance is mandatory for shipments with rate above ₹5,000.
Shipments with an actual rate above ₹49,999 are not accepted.

Insurance Rate Tiers

Rate Range	Premium	Compensation
₹1 – ₹2,499	₹100	100%
₹2,500 – ₹5,000	₹100	80%
₹5,001 – ₹12,999	2%	80%
₹13,000 – ₹21,999	2.1% – 2.9%	58% – 78%
₹22,000 – ₹26,999	3%	51% – 55%
₹27,000 – ₹49,999	3%	50%

Important Notes

All rates and compensation percentages are subject to change.
Compensation is based on the lower of the declared value or actual loss, as determined by our claims process.
For full terms and conditions, please refer to our Terms & Conditions.