At the beginning of the new year, before the sellers could wake up from the fireworks, firecrackers and laughter, they faced the first tough battle of the new year.
Amazon’s latest email notification shows that after total sales reach $10,000 for three consecutive months , sellers need to purchase at least $1 million in commercial insurance.
At the same time, the email stated that sellers must provide proof of liability insurance for products sold through Amazon stores, and must provide it within 30 days, otherwise they will no longer be able to sell the products.
Obviously, sellers cannot avoid this mandatory expense. Therefore, since the news was released, sellers have been waiting for a reliable, affordable and safe insurance plan.
Recently, various service providers have also responded to the news. Their posts can be seen on Taobao or WeChat Moments, but professionals should do professional things. When it comes to purchasing insurance, it is better to leave it to professional, qualified and experienced companies.
Doushabao Technology (Shenzhen) Co., Ltd. is the first company in China to provide various types of cross-border e-commerce insurance for Amazon sellers . It is currently also an official service provider of Amazon , and has been providing sellers with a full range of financial and insurance recommendation services. For example , in 2018, it pioneered the design of return and exchange insurance for Amazon India with its partner insurance company ; in 2020, it designed cross-border product liability insurance for cross-border sellers with its partner insurance company, solving the urgent needs of opening stores and listing products on the platform.
Doushabao already has mature products that can seamlessly match the liability insurance requirements raised this time. In order to solve the urgent needs of sellers, it is also specially tailored for sellers and upgraded to "Amazon Seller Liability Insurance".
It is reported that the coverage includes compensation for the legal liabilities that the insured should bear due to the following reasons: bodily injury caused to a third party ; property loss caused to a third party.
Within the scope of the policy terms, the above items are caused by the insured's products. The insured will also receive compensation for related legal and litigation expenses.
How to apply ?
Scan the QR code below or click the link to apply : https://www.dowsure.com/zrx
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