You can use Shippit's Transit Protection to cover your goods during transit. Transit Protection covers your goods against damage or loss during transit for up to a maximum cover amount. Goods are covered at retail value, which is the price paid by your customers to you as a seller, not the wholesale value or cost price.
Transit Protection fees are calculated as a percentage of the retail or declared value of items in an order. Different subscription tiers in Shippit have different rates for Transit Protection, and fragile goods or higher claim rates result in higher premiums.
This article contains information about pricing and maximum coverage for Transit Protection. For more information about the benefits of Transit Protection, see the About Transit Protection article.
Transit protection pricing
This section outlines the pricing of Transit Protection at different subscription tiers. The fees are calculated as a percentage of the retail or declared value of the items in the order being covered.
⚠️ Important: Minimum charges apply for each order.
Plans after October 2023:
| Lite | Plus | Pro |
Domestic | 1.5% | 1.25% | 1% |
International | 3% | 2.75% | 2.5% |
Plans before October 2023:
| Start | Grow | Unleash/Empower |
Domestic | 1.5% | 1.25% | 1% |
International | 3% | 2.75% | 2.5% |
💡Note: If you want to discuss which plan is the best for you, get in touch with our support team.
Maximum coverage amount
This section contains the minimum charge and maximum coverage amount for each region.
| Minimum charge for domestic | Minimum charge for international | Maximum cover amount |
Australia | AUD 1 | AUD 2.50 | AUD 10,000 |
Malaysia | MYR 3 | MYR 7 | MYR 25,000 |
New Zealand | NZD 1 | NZD 2.50 | NZD 10,000 |
Singapore | SGD 1 | SGD 2.50 | SGD 9,000 |