Amazon announced last week to introduce new Product Liability Insurance Requirements for Amazon Sellers and expanded A-to-Z Guarantee to protect both customers and sellers in the unlikely event a defective product sold through causes property damage or personal injury. Starting September 1, 2021, Amazon will: amazon product liability insurance

Product liability insurance helps protect your business from claims that a product you made or sold caused bodily injury or property damage to someone else’s belongings. Without product liability coverage, your business could have to pay out of pocket for costly claims related to product defects.

 

Amazon will be enforcing its long-held requirement for sellers on its platforms worldwide to have product liability insurance. However, Amazon didn’t enforce it on sellers expected to ask them to upload their documents. e-commerce insurance

 

Amazon may ask you to provide a certificate of insurance within 30 days to show your compliance with our selling agreement. Your insurance company issues a Certificate of Insurance once you purchase a policy. This document details the property and persons covered, the amount of coverage, and any exclusions or deductibles. This document can be in .pdf, .doc, or .docx format. If needed, we may request additional documents such as a complete copy of your insurance policy and an invoice for purchasing your policy. online seller insurance

 

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