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Seller_G7tIjxRtuxaQ0

More than 1 Insurance?

Is it possible to upload more than 1 Amazon seller insurance? Reason being the additional insurance has additional coverage which the main one doesn't have.

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7 replies
Tags:Insurance
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Seller_G7tIjxRtuxaQ0

More than 1 Insurance?

Is it possible to upload more than 1 Amazon seller insurance? Reason being the additional insurance has additional coverage which the main one doesn't have.

Tags:Insurance
00
22 views
7 replies
Reply
7 replies
user profile
Seller_CW0P5hgbsiqWX

Not sure why you would be buying insurance in parts. Hopefully you went to your local independent insurance agency. They are a real person and write a real policy with a real company. Some of those companies Amazon recommends are shell companies and 5 removed are owned by Amazon Holdings of Seattle, Amazon itself.

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Micah_Amazon

Hello @Seller_G7tIjxRtuxaQ0,

Thank you for reaching out. Under section 9 of the Amazon Services Business Solutions Agreement, you must obtain and maintain commercial liability insurance within 30 days after exceeding USD 10,000 in gross proceeds in sales in one month on Amazon.com, or if otherwise requested by us.

You may purchase either commercial general, excess, or umbrella liability insurance. When you decide on an insurance provider, your policy should cover all products you list for sale in the Amazon.com store.

We have worked with an insurance broker to create Amazon Insurance Accelerator, a network of insurance providers who will evaluate and, if appropriate, offer liability insurance at competitive rates to qualifying sellers. You can learn more about Amazon Insurance Accelerator and contact the providers here.

If you do not wish to use the Amazon Insurance Accelerator, you can choose any insurance provider that meets our requirements below.

  • The insurance policy type can be either commercial general, umbrella, or excess liability and be occurrence based, except for certain product categories that are outlined in the Frequently asked questions;
  • The policy limit must be at least USD 1 million per occurrence and in aggregate, and cover liabilities caused by or occurring in conjunction with your business operations, including products, products/completed operations and bodily injury;
  • The deductible for any policy(ies) must not be greater than $10,000. Any deductible amount must be listed on your Certificate of Insurance;
  • The policy must cover all sales from products you have listed on the Amazon.com store;
  • The policy must name "Amazon.com Services LLC and its affiliates and assignees" as additional insureds;
  • Except for single-member LLCs, your insured name must match the “legal entity” name you provided to Amazon in your Account Info. For single member LLCs, where your legal entity name is different than the name you publicly use to identify your business (“trade name,” “doing business as,” or “DBA”), it is also acceptable for your insured name to match your trade name;
  • Your insurance provider must have global claim handling capability and a financial rating of S&P A- and/or AM Best A- or better (if S&P or AM best is not valid or used in the country where you are required to obtain insurance, a local equivalent is allowed);
  • The policy must be completed in its entirety and signed; and
  • Your insurance provider must give Amazon at least 30 days’ notice of cancellation, modification, or nonrenewal.

Please let me know if you have any questions.

Cheers,

Micah

10
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Seller_G7tIjxRtuxaQ0

More than 1 Insurance?

Is it possible to upload more than 1 Amazon seller insurance? Reason being the additional insurance has additional coverage which the main one doesn't have.

22 views
7 replies
Tags:Insurance
00
Reply
user profile
Seller_G7tIjxRtuxaQ0

More than 1 Insurance?

Is it possible to upload more than 1 Amazon seller insurance? Reason being the additional insurance has additional coverage which the main one doesn't have.

Tags:Insurance
00
22 views
7 replies
Reply
user profile

More than 1 Insurance?

by Seller_G7tIjxRtuxaQ0

Is it possible to upload more than 1 Amazon seller insurance? Reason being the additional insurance has additional coverage which the main one doesn't have.

Tags:Insurance
00
22 views
7 replies
Reply
7 replies
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Seller_CW0P5hgbsiqWX

Not sure why you would be buying insurance in parts. Hopefully you went to your local independent insurance agency. They are a real person and write a real policy with a real company. Some of those companies Amazon recommends are shell companies and 5 removed are owned by Amazon Holdings of Seattle, Amazon itself.

00
user profile
Micah_Amazon

Hello @Seller_G7tIjxRtuxaQ0,

Thank you for reaching out. Under section 9 of the Amazon Services Business Solutions Agreement, you must obtain and maintain commercial liability insurance within 30 days after exceeding USD 10,000 in gross proceeds in sales in one month on Amazon.com, or if otherwise requested by us.

You may purchase either commercial general, excess, or umbrella liability insurance. When you decide on an insurance provider, your policy should cover all products you list for sale in the Amazon.com store.

We have worked with an insurance broker to create Amazon Insurance Accelerator, a network of insurance providers who will evaluate and, if appropriate, offer liability insurance at competitive rates to qualifying sellers. You can learn more about Amazon Insurance Accelerator and contact the providers here.

If you do not wish to use the Amazon Insurance Accelerator, you can choose any insurance provider that meets our requirements below.

  • The insurance policy type can be either commercial general, umbrella, or excess liability and be occurrence based, except for certain product categories that are outlined in the Frequently asked questions;
  • The policy limit must be at least USD 1 million per occurrence and in aggregate, and cover liabilities caused by or occurring in conjunction with your business operations, including products, products/completed operations and bodily injury;
  • The deductible for any policy(ies) must not be greater than $10,000. Any deductible amount must be listed on your Certificate of Insurance;
  • The policy must cover all sales from products you have listed on the Amazon.com store;
  • The policy must name "Amazon.com Services LLC and its affiliates and assignees" as additional insureds;
  • Except for single-member LLCs, your insured name must match the “legal entity” name you provided to Amazon in your Account Info. For single member LLCs, where your legal entity name is different than the name you publicly use to identify your business (“trade name,” “doing business as,” or “DBA”), it is also acceptable for your insured name to match your trade name;
  • Your insurance provider must have global claim handling capability and a financial rating of S&P A- and/or AM Best A- or better (if S&P or AM best is not valid or used in the country where you are required to obtain insurance, a local equivalent is allowed);
  • The policy must be completed in its entirety and signed; and
  • Your insurance provider must give Amazon at least 30 days’ notice of cancellation, modification, or nonrenewal.

Please let me know if you have any questions.

Cheers,

Micah

10
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user profile
Seller_CW0P5hgbsiqWX

Not sure why you would be buying insurance in parts. Hopefully you went to your local independent insurance agency. They are a real person and write a real policy with a real company. Some of those companies Amazon recommends are shell companies and 5 removed are owned by Amazon Holdings of Seattle, Amazon itself.

00
user profile
Seller_CW0P5hgbsiqWX

Not sure why you would be buying insurance in parts. Hopefully you went to your local independent insurance agency. They are a real person and write a real policy with a real company. Some of those companies Amazon recommends are shell companies and 5 removed are owned by Amazon Holdings of Seattle, Amazon itself.

00
Reply
user profile
Micah_Amazon

Hello @Seller_G7tIjxRtuxaQ0,

Thank you for reaching out. Under section 9 of the Amazon Services Business Solutions Agreement, you must obtain and maintain commercial liability insurance within 30 days after exceeding USD 10,000 in gross proceeds in sales in one month on Amazon.com, or if otherwise requested by us.

You may purchase either commercial general, excess, or umbrella liability insurance. When you decide on an insurance provider, your policy should cover all products you list for sale in the Amazon.com store.

We have worked with an insurance broker to create Amazon Insurance Accelerator, a network of insurance providers who will evaluate and, if appropriate, offer liability insurance at competitive rates to qualifying sellers. You can learn more about Amazon Insurance Accelerator and contact the providers here.

If you do not wish to use the Amazon Insurance Accelerator, you can choose any insurance provider that meets our requirements below.

  • The insurance policy type can be either commercial general, umbrella, or excess liability and be occurrence based, except for certain product categories that are outlined in the Frequently asked questions;
  • The policy limit must be at least USD 1 million per occurrence and in aggregate, and cover liabilities caused by or occurring in conjunction with your business operations, including products, products/completed operations and bodily injury;
  • The deductible for any policy(ies) must not be greater than $10,000. Any deductible amount must be listed on your Certificate of Insurance;
  • The policy must cover all sales from products you have listed on the Amazon.com store;
  • The policy must name "Amazon.com Services LLC and its affiliates and assignees" as additional insureds;
  • Except for single-member LLCs, your insured name must match the “legal entity” name you provided to Amazon in your Account Info. For single member LLCs, where your legal entity name is different than the name you publicly use to identify your business (“trade name,” “doing business as,” or “DBA”), it is also acceptable for your insured name to match your trade name;
  • Your insurance provider must have global claim handling capability and a financial rating of S&P A- and/or AM Best A- or better (if S&P or AM best is not valid or used in the country where you are required to obtain insurance, a local equivalent is allowed);
  • The policy must be completed in its entirety and signed; and
  • Your insurance provider must give Amazon at least 30 days’ notice of cancellation, modification, or nonrenewal.

Please let me know if you have any questions.

Cheers,

Micah

10
user profile
Micah_Amazon

Hello @Seller_G7tIjxRtuxaQ0,

Thank you for reaching out. Under section 9 of the Amazon Services Business Solutions Agreement, you must obtain and maintain commercial liability insurance within 30 days after exceeding USD 10,000 in gross proceeds in sales in one month on Amazon.com, or if otherwise requested by us.

You may purchase either commercial general, excess, or umbrella liability insurance. When you decide on an insurance provider, your policy should cover all products you list for sale in the Amazon.com store.

We have worked with an insurance broker to create Amazon Insurance Accelerator, a network of insurance providers who will evaluate and, if appropriate, offer liability insurance at competitive rates to qualifying sellers. You can learn more about Amazon Insurance Accelerator and contact the providers here.

If you do not wish to use the Amazon Insurance Accelerator, you can choose any insurance provider that meets our requirements below.

  • The insurance policy type can be either commercial general, umbrella, or excess liability and be occurrence based, except for certain product categories that are outlined in the Frequently asked questions;
  • The policy limit must be at least USD 1 million per occurrence and in aggregate, and cover liabilities caused by or occurring in conjunction with your business operations, including products, products/completed operations and bodily injury;
  • The deductible for any policy(ies) must not be greater than $10,000. Any deductible amount must be listed on your Certificate of Insurance;
  • The policy must cover all sales from products you have listed on the Amazon.com store;
  • The policy must name "Amazon.com Services LLC and its affiliates and assignees" as additional insureds;
  • Except for single-member LLCs, your insured name must match the “legal entity” name you provided to Amazon in your Account Info. For single member LLCs, where your legal entity name is different than the name you publicly use to identify your business (“trade name,” “doing business as,” or “DBA”), it is also acceptable for your insured name to match your trade name;
  • Your insurance provider must have global claim handling capability and a financial rating of S&P A- and/or AM Best A- or better (if S&P or AM best is not valid or used in the country where you are required to obtain insurance, a local equivalent is allowed);
  • The policy must be completed in its entirety and signed; and
  • Your insurance provider must give Amazon at least 30 days’ notice of cancellation, modification, or nonrenewal.

Please let me know if you have any questions.

Cheers,

Micah

10
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