Insurance Requirements
Would like to make sure that liability insurance for professional FBA sellers is only required when sales are over $10K in three consecutive months.
Can someone confirm that this is indeed the case per June, 2018?
https://sellercentral.amazon.com/gp/help/1791?language=en-US&ref=ag_1791_cont_200386300
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It still states the same, further down in page:
“Insurance Threshold” means the applicable one of the following:
•Ten Thousand Canadian Dollars ($10,000) (if the Elected Country is Canada),
•One Million Japanese Yen (¥1,000,000) (if the Elected Country is Japan),
•One Hundred Thousand Mexican Pesos ($100,000) (if the Elected Country is Mexico),
•Ten Thousand U.S. Dollars ($10,000) (if the Elected Country is the United States).
Dve
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Pro Merchant Insurance Requirements
Pro Merchants who sell on Amazon must provide proof of Commercial General Liability insurance. This insurance, obtained at the merchant’s expense, shall cover up to $1,000,000 per occurrence and in the aggregate and must include product liability, bodily injury, or personal injury, property damage, and other requirements as stated in the Amazon Services Business Solutions Agreement. The insurance must indicate that “Amazon.com, Inc., and its affiliates and assignees” are added as additional insureds.
