Rule 32
Insurable Articles And Limit Of Insurance

(1) Insurance may be done up to a value of Five Thousand Rupees in the domestic postal service and as per
agreement between two countries in case of foreign postal service for articles that may be sale able and currency notes amounting up to Five Thousand Rupees or letter containing coins or parcel may be sent through postal insurance, the post offices that may insure, deliver the insurance and distribute the Notification papers
for insurances shall be as prescribed by the Director General. Provided that, with the exception of Nepal and India, currency notes or coins may not be sent.
(2) Subject to the provision of Sub-rule (1) any articles that may be sale able or currency notes or coins must be compulsorily insured while sending by post.