Is Ups Declared Value Insurance. That means that, as long as the value of your package is at or below $100, ups will cover your shipment for the full amount if it arrives damaged or ends up going missing in transit. Ups's liability is limited to us$100.00 (or local currency equivalent) on packages with no declared value.
For shipments valued over $100, you can declare a higher item value when. For packages with declared values of higher than $100, ups charges $0.90 for every $100 of declared value coverage. Say you ship a box valued at $102.