insurance
I HAD TO GET PRODUCT LIABILITY INSURANCE BECAUSE I EXCEEDED 1OK IN SOME MONTHS IN THE LAST 2023-2024 PERIOD. I HAVE NOT EXCEEDED 10K MONTHLY IN THE LAST YEAR. DO I NEED TO GET PRODUCT LIABILITY INSURANCE AGAIN?
insurance
I HAD TO GET PRODUCT LIABILITY INSURANCE BECAUSE I EXCEEDED 1OK IN SOME MONTHS IN THE LAST 2023-2024 PERIOD. I HAVE NOT EXCEEDED 10K MONTHLY IN THE LAST YEAR. DO I NEED TO GET PRODUCT LIABILITY INSURANCE AGAIN?
1 odpowiedź
Josh_Amazon
Hello @Seller_Jd4Vwe18cUbLU,
This is Josh from Amazon. Thank you for contacting our Forums!
While our Commercial Liability Insurance Requirements policy states that sellers must obtain insurance within 30 days after exceeding USD 10,000 in gross proceeds in one month, the policy doesn't specifically address requirements when sales later fall below this threshold.
For guidance specific to your situation regarding ongoing insurance requirements, I recommend contacting Seller Support. They can review your account details and provide accurate information about your current insurance obligations.
Other sellers who have experience with insurance requirements after decreased sales are welcome to share their insights.
Kind regards,
-Josh
