Payment to be recieved within 7 days from end of auction. Insurance coverage is 0ptional. $0.01 to $50.00 is $1.35. Paypal is preferred, but I will except money orders, cashiers checks and personal checks, but will not ship until checks have cleared my bank. Responsibility of Seller is Terminated upon Items delivered to the US Postal Service, so I do recommend that you purchase the insurance.