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:
In response to these demands, Mercer Consumer is proud to present a Mail Insurance Program that meets these needs.
Easy to access and very affordable, the Mail Insurance policy provides comprehensive coverage for:
*Coverage does not apply to armored car service.
Answers about the plan, including eligibility, options, enrollment, customer service and more.
Why do I need Mail Insurance if I carry a Fidelity Bond such as a Broker-Dealer Guard or Financial Institution Bond Form 14?
A fidelity bond covers property while on your premises or while in the custody of a messenger, other than mail or a non-armored carrier for hire.
Why do I need Mail Insurance if the U.S. Postal Service insures my registered mail shipments?
Why shouldn’t I simply purchase a lost security bond each time a shipment is lost?
How are losses handled?
What other insurance products are available for broker-dealer firms?
How can I learn more about the insurance products offered by Mercer Consumer and how they can best serve my firm?