Over a year passed since Amazon started requiring its sellers to obtain business liability insurance, if their sales exceed $10000 in monthly sales turnover. Most sellers were able to obtain the required insurance, thanks to my helpful guide found on this link. All you need to do is subscribe to my OnlyFans page for $24.99 and this will enable you to obtain insurance accepted by Amazon, regardless of your business entity and country, where you are based.
However, please note that regardless where your business liability insurance policy was purchased, all insurance policies are expiring after a year and you will need to renew them and re-upload into the Amazon Seller Central, otherwise you will be treated in the same manner as those, who don’t have any insurance details on file.
Here is a copy of e-mail from Amazon requested update business liability insurance information following expiry:
Action required: New certificate of insurance coverage Hello, Thank you for maintaining commercial liability insurance for the products that you sell on Amazon. According to our records, your policy has or is about to expire. Please upload a new certificate of insurance within 30 days of receiving this email. Why did I receive this message? Your commercial liability insurance has expired or will expire in the next 30 days. Amazon Services Business Solutions Agreement requires that once your gross proceeds exceed $10,000 in a month, or as otherwise requested by Amazon, you maintain current commercial insurance coverage and submit a proof within 30 days of receiving a verification request. How can I get a proof of liability insurance? You can contact your insurance provider to issue a Certificate of Insurance (COI) for the current year. You can also use this opportunity to shop around to ensure you have comprehensive coverage at a great rate. To secure easy and affordable liability insurance, Amazon has 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 selling partners. To learn more about Amazon Insurance Accelerator and contact the providers, go to Business Insurance: https://sellercentral.amazon.com/mario/v2/az/flow/BusinessInsurance/page/InsuranceEstablishment/global/render. What do I do next? Upload your current COI as proof of liability insurance coverage on the Business Insurance page: https://sellercentral.amazon.com/mario/v2/az/flow/BusinessInsurance/page/InsuranceEstablishment/global/render?view=up The COI is issued by your insurance company and details on what is covered, the amount of coverage, and any exclusions or deductibles. COI can be uploaded in .pdf, .doc, or .docx format. You can also access the upload page by doing the following: 1) On Seller Central, go to “Settings” and select “Account Info”. 2) Under the “Business Information” widget, select “Business Insurance”. What are the insurance requirements? For more information about the policy requirements, see Insurance requirements: https://sellercentral.amazon.com/gp/help/G200386300 We’re here to help. If you have additional questions, contact us: https://sellercentral.amazon.com/help/hub/support. To view your account performance, go to Account Health: https://sellercentral.amazon.com/performance/dashboard?reftag=ah_em_inv The Amazon Services team |
Additionally, here is a copy of the original business liability insurance requirement e-mail:
Action Required: Provide proof of liability insurance coverage Hello, We are writing to remind you to provide proof of liability insurance for the products you sell through Amazon.com Please provide this information within 30 days of receiving this email. Why did I receive this message? You are required to provide proof of liability insurance, and our records show you have not done so. As of September 1, 2021, Section 9 of the Business Solutions Agreement (https://sellercentral.amazon.com/gp/help/G1791) requires you to obtain and maintain at least $1 million of commercial general, umbrella, or excess liability insurance, within 30 days after exceeding $10,000 in gross proceeds in sales in one month on Amazon.com or if otherwise requested by Amazon. What do I do next? Please upload your Certificate of Insurance (COI) as proof of liability insurance coverage within 30 days of receiving this email. The COI is issued by your insurance company and details what is covered, the amount of coverage, and any exclusions or deductibles. Where do I submit my proof of liability insurance? Upload your COI on the Business Insurance page (https://sellercentral.amazon.com/mario/v2/az/flow/BusinessInsurance/page/InsuranceEstablishment/global/render?view=up) in Seller Central account settings. The document can be uploaded in .pdf, .doc, or .docx format. What are the insurance requirements? Your commercial liability insurance policy must meet all of the following criteria: 1. The policy limit must be at least $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; 2. The insurance policy type can be either commercial general, umbrella, or excess liability and be occurrence based; 3. Your insurance provider must have global claim handling capability and a financial rating of S&P (https://www.spglobal.com/ratings/en/sector/insurance/insurance-sector) A- and/or AM Best (https://www.ambest.com/home/default.aspx) 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); 4. Your insurance provider must give Amazon at least 30 days’ notice of cancellation, modification or nonrenewal; 5. The policy must name “Amazon.com Services LLC and its affiliates and assignees” as additional insureds; 6. The deductible for any policy(ies) must not be greater than $10,000 and any deductible amount must be listed on the certificate(s) of insurance; 7. The policy must cover all sales from products you have listed on the Amazon website; 8. Your insured name must match the “legal entity” name you provided to Amazon (view your legal entity name) (https://sellercentral.amazon.com/sw/AccountInfo/LegalEntity/step/LegalEntity); 9. The policy must be completed in its entirety and signed; and 10. The policy must be valid for at least 60 days from the date of submission. How can I obtain liability insurance? You can choose any insurance provider that meets our requirements above. To help you easily and affordably secure liability insurance, Amazon has 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 selling partners. You can learn more about Amazon Insurance Accelerator and contact the providers here (https://sellercentral.amazon.com/mario/v2/az/flow/BusinessInsurance). We’re here to help For additional information, please go to our Help page (https://sellercentral.amazon.com/gp/help/200386300). If you have additional questions, please contact us using this link (https://sellercentral.amazon.com/help/hub/support). You can view your account performance at https://sellercentral.amazon.com/performance/dashboard?reftag=ah_em_inv or by selecting Account Health on the home screen of the Amazon Seller app on your iOS or Android device. The Account Health page shows how well your account is performing against the performance metrics and policies required to sell on Amazon. The Amazon Services team |
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