In fact, the reason is that Amazon has adjusted its insurance policy. Previously, Amazon only stipulated that if your total sales income in Amazon.com1month exceeds 10000 USD, you must take out commercial liability insurance and renew it within 30 days. Whether there is deductible or not, you can choose between two options. Now, Amazon has new requirements for commercial liability insurance:
① Stores with annual sales below $6,543,800+0,000 should choose a plan with no deductible when insuring.
(2) For stores with annual sales of USD 654.38+USD 00,000 or above, you can choose a plan with no deductible or a plan with deductible of USD 654.38+USD 00,000.
What effect does this change have on sellers?
The price is different. A plan without deductible is more expensive than one with deductible.
(2) For stores with annual sales below $654.38+00,000, Amazon will no longer admit that there is a deduction plan and will not approve it.
What should the seller who just bought insurance do?
At present, a group of sellers who bought insurance yesterday have not passed the trial, so they should actively communicate with the insurance company to cooperate with the trial. If they can't pass the trial, they can try to make up the difference and let the insurance company update the policy.
What should I pay attention to in the future?
① Choose an insurance company recognized by Amazon.
(2) According to the sales situation of the store, choose the insurance plan that suits you.