Amazon are one of the world’s largest online retail platforms selling an estimated product range of over 12 million different products. If you are and Amazon Seller, you are required to have Amazon Seller Insurance with a minimum limit equivalent to 1 million US dollars per occurrence and in aggregate. Cover is required for liabilities caused or occurred in conjunction with your business operations, including product, products or completed operations and injury.
In addition, Amazon insist that any Amazon Seller Insurance policy must name “Amazon”, its affiliates, and assignees as additional insureds. Amazons Europe Business Agreement can be read HERE.
All the above sounds a little daunting but here at Konsileo, we have a specialist Amazon team who have years of experience working with Amazon Sellers and fully understand your insurance needs, ensuring you and your business are protected against liabilities and risk and meet all insurance covers required by Amazon.
Yes, Konsileo can provide cover for the USA and Canada. Amazon requires its sellers to obtain insurance coverage for Product Liability with a minimum cover equivalent to $1 million US dollars, however, if selling to the USA we would recommend at least $2 million coverage if you ship to the USA.
Like any business insurance, it is advisable to speak with your broker to ensure that all areas of your operations are risk assessed and adequate covers put in place to protect your business. Optional covers may include (but not limited to dependent on your operations);
Whether you are an Amazon Seller, Amazon FBA, operate Amazon White label, sell to the UK, Europe or the USA and Canada, our specialist team can help. We have a wealth of experience and knowledge with Amazon Sellers.
Protect your Amazon Seller Business – Properly,
Looking to cover your business but not finding the industry you’re looking for?
Take a look at all the industry sectors we serve below.
71-75 Shelton Street, Covent Garden, London, WC2H 9JQ
Konsileo is a registered trademark of Konsileo Ltd (9569872). All insurance and risk advice is undertaken by Konsileo (Trading) Limited (10100499), an independent insurance broker authorised and regulated by the Financial Conduct Authority (FCA). You can check these details on the Financial Services Register by visiting the FCA’s website (www.fca.org.uk) or by contacting the FCA on 0800 111 6768. Our FCA register number is 748287.
Website design by Will Price Digital
