We listened to Investment Advisers express their needs and concerns regarding the security of their shipments and what they’d like to see from a Mail Bonds policy. Two major issues surfaced time after time:
In response to these demands, Mercer Consumer is proud to present a Mail Bonds Program that meets these needs.
Easy to access and very affordable, the Mail Bonds policy provides comprehensive coverage for:
*Coverage does not apply to armored car service.
Answers about the plan, including eligibility, options, enrollment, customer service and more.
Why do I need a Mail Bond if I carry a Fidelity Bond?
Why do I need a Mail Bond if the U.S. Postal service insures my registered mail shipments?
The U.S. Postal Service only insures your registered mail shipments up to $25,000. A Mail Bond policy offers limits that are considerably higher than insurance offered by the U.S. Postal Service.
Why shouldn’t I simply purchase a lost security bond each time a shipment is lost?
How are losses handled?
In the event your firm should suffer a loss, simply complete a Mail Loss Affidavit and submit it to the insurance carrier. Upon proper documentation demonstrating coverage, the insurance carrier will issue its Open Penalty Indemnity Bond directly to the transfer agent to effect replacement of the reported lost security. Simple loss handling instructions will be included with your Mail Bond policy.
What other insurance products are available for Investment Advisers firms?
How can I learn more about the insurance products offered by Mercer Consumer and how they can best serve my firm?
We're here to help! Please contact us in whatever manner is most convenient for you.
| Regular Mailing Address
Attn: Fidelity Bonds
P.O. Box 310293
Des Moines, IA 50331-0293
| Overnight Mailing Address
Mercer Health & Benefits Admin LLC
13733 University Ave F2505-01B
Clive, IA 50325-8279
M-F 8a-4:30p (CT)