- Oct 1, 2015
- 203
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The Verizon Note5 was $696. I only paid $269 because of the $400 off promotion that Verizon was running last month. The $269 is on Device Payment Plan and I will pay it off completely next month.
I actually bought four of them at the $296 price. I'm going to ship one of them to a relative in Hawaii.
If I only paid $269 for the phone(as shown on the receipt), can I insure it for the full replacement cost of $696? I had this debate with post office this morning. They said no. In case of a total loss, I will be required to submit a receipt showing the purchase price and that's how much the post office insurance will pay out. This can't be right.. or can it? I spoke with FedEx on the phone and apparently their policy is also about the say. Except in FedEx's case, they do not sell "insurance" but I can only declare a value and pay accordingly.... they also said the claim will be paid out base on the actual price paid as show on the receipt that I provide.
I actually bought four of them at the $296 price. I'm going to ship one of them to a relative in Hawaii.
If I only paid $269 for the phone(as shown on the receipt), can I insure it for the full replacement cost of $696? I had this debate with post office this morning. They said no. In case of a total loss, I will be required to submit a receipt showing the purchase price and that's how much the post office insurance will pay out. This can't be right.. or can it? I spoke with FedEx on the phone and apparently their policy is also about the say. Except in FedEx's case, they do not sell "insurance" but I can only declare a value and pay accordingly.... they also said the claim will be paid out base on the actual price paid as show on the receipt that I provide.