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Identify two advantages of purchasing Parcel Post insurance from a broker than Canada Post:

a. Higher coverage limits
b. More flexible coverage options

User Pabloks
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Final answer:

Purchasing Parcel Post insurance from a broker can provide higher coverage limits and more flexible coverage options, which are beneficial for shipping high-value items or when tailored insurance solutions are needed.

Step-by-step explanation:

When purchasing Parcel Post insurance, choosing to go through a broker rather than directly through Canada Post can provide some advantages. One significant benefit is the potential for higher coverage limits. This means that if you are shipping items of high value, a broker might offer insurance coverage that exceeds the maximum value covered by Canada Post. Another advantage is the availability of more flexible coverage options. Brokers often have a variety of insurance products that can be tailored to fit specific needs or situations, which might be more suitable than the standard options available from Canada Post. For individuals or businesses that require nuanced insurance for their parcels, these custom solutions can be incredibly valuable.

User Fredrikekelund
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