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Against loss or damage arising out of dishonesty on the part of the insured or insured’s employees.Loss, damage or non-arrival of any package or its contents which (a) is addressed, wrapped or packed insufficiently, incorrectly or contrary to carrier’s packaging requirements or (b) bears a descriptive label or packaging which tends to describe nature of contents EXCEPT if required by Postal Laws and Regulations.Merchandise shipped on consignment, memorandum or approval unless shipped in fulfillment of an order or request.Loss from delay, deterioration, spoilage or contamination of perishable merchandise except when resulting from fire.Coins, bullion, loose diamonds or stones, stocks, bonds, currency, deeds, evidence of debt, travelers checks, money orders, gift certificates, calling cards, lottery tickets, admission tickets, or any other negotiable documents.PIP will not be liable for more than the declared value, actual cash value, cost to repair or replace, or Liability Limit, whichever is less. Insurance is underwritten by Parcel Insurance Plan (PIP)/Fireman’s Fund. economic or trade sanctions, such coverage shall be null and void. However, whenever coverage provided by this policy would be in violation of any U.S. International coverage is also included for all carriers. THIS POLICY INSURES your packages (defined as a single shipping unit bearing a single carrier identification number) and their contents, usual to your business, against damage or loss from any external cause while in the care, custody or control of the United States Postal Service (USPS) or private parcel carriers during transit from your premises to locations within the United States of America (including its possessions and trusts) and Canada, EXCEPT as hereinafter excluded.