the risk in this process is the day where something gets lost
That risk lies fully upon the shipper. International insurance claims can take 3 months or more to settle.
If payment is made by PayPal and a dispute is entered by the buyer the money is removed from the sellers account and frozen. The buyer/shipper will have to provide proof of delivery to get funds released.
I have been through this process on a couple occasions and it is a pain.
Just saying ... be careful.