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Press Release: Jewelers Mutual Insurance Company began reaching out to its commercial policyholders on Monday to guide them through a potentially confusing and costly name change at the United State Postal Service (USPS). On Sunday, July 28, 2013, USPS changed the name of its Express Mail® service to Priority Mail Express™, not to be confused with the Priority Mail option. Jewelers Mutual's shipping coverage has not changed, and packages shipped via Priority Mail Express will continue to be automatically covered under Jewelers Mutual's Jewelers Block and Jewelers Standard insurance policies. Policyholders are automatically provided with a $100,000 limit of coverage when using Registered Mail and $25,000 limit of coverage by sending with Priority Mail Express Packages. Priority Mail is not automatically covered. "By being proactive in helping our policyholder members make informed shipping decisions, we hope to limit any potential losses our customers might suffer," said Darwin Copeman, the president and CEO of Jewelers Mutual. "At Jewelers Mutual, our focus on jewelers' needs - beyond the insurance-policy language - sets our company apart. We take our role as a trusted advisor to the jewelry industry very seriously." Jewelers Mutual is sending new materials featuring the updated shipping information to its commercial policyholders to help business owners safeguard their valuable shipments and train employees. PDF downloads of these important training tools may be found at JewelersMutual.com. Rapaport News is not responsible for, and does not endorse, the content of any third-party press release. This is not a Rapaport Press Release. It has been provided as additional information for our clients.
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