This Mail Insurance policy protects broker-dealers against "risk of direct physical loss" for First-Class Mail, United States Postal Service Express Mail and Registered Mail, offering considerably higher values than insurance offered by the U.S. Postal Service. The policy also covers express shipments made through private carriers such as DHL or Federal Express.

Mail Insurance is intended primarily for financial and fiduciary institutions such as banks, trust companies, stockbrokers, insurance companies and other persons or corporations whose business is primarily fiduciary in nature. Corporations that act as their own security transfer agents or registrars may also purchase such coverage.

We listened to broker-dealer firms express their needs and concerns regarding the security of their shipments and what they’d like to see from a Mail Insurance policy. Two major issues surfaced time after time:

1. Assurance that all sources of shipping, including transfer agents and independent contractors, would be covered, and

2. No reporting, auditing or back billing of shipments would be required. In response to these demands, Seabury & Smith, Inc., FINRA’s insurance program administrator, is proud to present a Mail Insurance Program that meets these needs and then some.

Easy to access and very affordable, the Mail Insurance policy provides comprehensive coverage for:

• Registered Mail
  
• Transfer Agents
  
• Incoming Shipments
  
• First Class Mail
  
• Carrier(s) for Hire*

*Coverage does not apply to armored car service.

Please call 1-800-978-6273 (option #3) to speak with a Seabury & Smith Insurance Specialist about your firm's Mail Insurance.

AR Ins. Lic. #245544
CA Ins. Lic. #0633005
d/b/a in CA Seabury & Smith Insurance Program Management