Parcel Pro announces discounted rates for Jewelers Mutual insureds


September 26, 2006

Parcel Pro announces discounted rates for Jewelers Mutual insureds

NEENAH, WIS. - Beginning Oct. 1, 2006, business insureds with Jewelers Mutual Insurance Company can save 5% to 20% when sending insured shipments through Parcel Pro, Inc. In 2003, Jewelers Mutual established a strategic alliance with Parcel Pro, identifying it as an excellent option for shipping and insuring high-value merchandise.

"While we continue to recommend the United States Postal Service (USPS), we recognize that it does not meet the needs of all of our customers, especially in this increasingly global market," commented Darin Kath, the company's president and COO. "Since we began our strategic alliance with Parcel Pro three years ago, they have provided an unrivaled level of service. They track shipments for added safety, provide secured delivery to the New York City and Los Angeles jewelry districts, and insure international shipments."

Shipment losses with Parcel Pro do not affect jewelers' loss experience on jewelers block policies, providing another advantage to this specialized, high-security service.

Within the United States, the Parcel Pro discount applies to shipping and insurance for packages sent via United Parcel Service (UPS), which is Parcel Pro's preferred provider for high-value shipments. The amount of the discount varies based on the geographic shipping zone and type of service, including UPS Next Day AirŪ, UPS Next Day Air SaverŪ, and 2nd Day AirŪ. Within Canada and for international shipments, the discount applies to only the insurance portion and is available for Federal Express as well as UPS shipments.

For carriers other than UPS, Parcel Pro offers Jewelers Mutual business customers a discount for the insurance charges, but offers no discount for shipping costs.

Signing up is easy. Jewelers Mutual business insureds can sign up at Parcel Pro's Web site, www.parcelpro.com, or by calling (888) 683-2300. Insureds automatically receive the discounted rate if they enter "Jewelers Mutual" as the carrier on the application. Current Parcel Pro customers who insure with Jewelers Mutual can contact Parcel Pro to verify their discount. Parcel Pro customers can process shipments online directly at Parcel Pro's Web site, www.parcelpro.com, providing a safe and convenient shipping and insurance option.

Parcel Pro offers:
* Overnight shipping and insurance within the United States with coverage up to $75,000* per parcel.
* Two-day shipping and insurance within the United States with coverage up to $10,000* per parcel.
* International shipping insurance with coverage up to $50,000* per parcel to most major countries.
* Import international shipping insurance up to $50,000* per parcel.
* Supplemental insurance over the jewelers block shipment limit.
*Terms and conditions apply

For more information, contact Parcel Pro at (888) 683-2300 or Jewelers Mutual at (800) 558-6411. Frequently asked questions and answers are available at www.jewelersmutual.com.



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