Amazon seller liability insurance standard update, Dowsure bean bag (hereinafter referred to as "Dowsure") launched a minimum 1388 yuan Amazon business comprehensive liability insurance, 0 deductible!

Amazon Seller Liability Insurance New Adjustments:

Recently, the editor found that the Amazon platform has made certain adjustments to the policy requirements, mainly reflected in the deductible requirements (see the screenshot of the platform for details)

Deductible: The amount an insurance company waives from a claim. If a claim is triggered, the insurance company will only pay out the amount in excess of the deductible.

Why does Amazon ask for no deductible: Assuming that the seller's product has caused damage to consumers due to quality problems and needs to be compensated, in the non-deductible plan, the insurance company must pay in full; but in the deductible plan, if the compensation amount is within the deductible Within the amount, the seller needs to bear it, and the insurance company does not need to pay.

It can be understood that if the annual sales volume filled in by the seller when purchasing the insurance is less than 1 million US dollars, then the product with the deductible cannot be insured, otherwise the insurance policy will be rejected or even affect the normal operation of the store.

Note: This regulation is for the follow-up insurance of sellers after the adjustment of the new regulations. Those who have purchased products with deductibles in the past and have been reviewed by Amazon will not be affected!

The impact of the new regulations on sellers:

1. The newly submitted part of the policy has been prompted not to meet the requirements.

The main reason why the policy is reminded is that the seller has recently purchased a product with a deductible and the annual sales volume is less than 1 million US dollars. The audit team reminds that it does not meet the requirements.

2. The premiums for products without deductibles are more expensive, and the cost expenditure increases slightly.

Regardless of the insurance product, the premiums for a plan without a deductible are higher than those with a deductible. For insurance companies, because the probability and cost of claims without deductibles will increase significantly, after Amazon’s adjustment, a slight increase in premiums is certain.

3. Sellers are eager to find reliable and cheap insurance channels.

First of all, meet the requirements of the Amazon platform for insurance policies. You can choose the products recommended by the seller's backstage. Of course, Amazon's official statement also supports sellers to choose other insurance companies.

Doushabao United Dadi Property & Casualty Insurance [heavy launch] Commercial comprehensive liability insurance: minimum premium of 1388 yuan, 0 deductible!

1. Why do you strongly recommend this product?

Insurance passed: After confirming that the insurance requirements are met, but the full refund time limit is fast: online insurance is issued, as fast as 5 minutes Overseas / other stores can be insured

2. Prepare information before applying for insurance

Store legal person business license or identity document; seller's Amazon store related information, including seller background tax registration information, store product list, annual sales, etc.

3. Quickly apply for insurance and click the entry

In order to make insurance more convenient, please copy the link below to the computer browser to operate.

Insurance link:

For more information on Amazon insurance and cross-border e-commerce loans, please click:

Amazon Loan Application: / merchant?code=222100

Amazon Seller Liability Insurance: /list-3-1.html?source=amazon _

eBay Cross-Creation Loan: /list-2-1.html _

Guangshang Loan: /list-3-1.ht