Well, I finally got an e-mail reply from UPS to my query on their insurance policy regarding scopes, mirrors and lenses.
While they didn't specifically comment on scopes, lenses and mirrors, they did state the following:
If you purchase insurance for an amount exceeding $1000.00 and you use an internet-obtained UPS shipping label, the declared value must be stated on the UPS receipt and it must be signed by a UPS driver or by a representative at a UPS company processing center. A UPS authorized facility such as a mail/ UPS/ Fed Ex drop-off site is NOT acceptable. It is also your responsibilty to obtain a copy of the signed receipt and to pack accordingly to meet UPS specs.
That's the latest information I've been able to obtain from UPS.
While they didn't specifically comment on scopes, lenses and mirrors, they did state the following:
If you purchase insurance for an amount exceeding $1000.00 and you use an internet-obtained UPS shipping label, the declared value must be stated on the UPS receipt and it must be signed by a UPS driver or by a representative at a UPS company processing center. A UPS authorized facility such as a mail/ UPS/ Fed Ex drop-off site is NOT acceptable. It is also your responsibilty to obtain a copy of the signed receipt and to pack accordingly to meet UPS specs.
That's the latest information I've been able to obtain from UPS.