Amazon Sellers Urged to Secure Product Liability Insurance

Amazon Sellers Urged to Secure Product Liability Insurance

This article delves into the necessity of product liability insurance for Amazon third-party sellers. It provides a detailed interpretation of Amazon's insurance requirements and offers practical advice on selecting suitable coverage. It emphasizes the importance of product liability insurance in protecting seller assets and businesses, as well as its crucial role in meeting Amazon's increasingly stringent compliance demands. Understanding these requirements and securing appropriate insurance is vital for maintaining a successful and compliant Amazon business.

12/31/2025 Logistics Industry Insights
Read More
Amazon Updates Seller Insurance Rules for 1M Sales

Amazon Updates Seller Insurance Rules for 1M Sales

This article provides an in-depth analysis of the latest Amazon Commercial General Liability Insurance policy, focusing on key requirements such as sales threshold, deductible limitations, and consistency of the insured's name. Addressing the challenges faced by sellers, it proposes strategies including timely attention to policy updates, choosing legitimate insurance channels, carefully verifying information, and selecting insurance plans based on individual circumstances. This helps sellers successfully pass audits and achieve compliant operations on the Amazon platform.

12/30/2025 Logistics Industry Insights
Read More
Global Shipping Firms Adopt Strategies to Cut Container Shortage Costs

Global Shipping Firms Adopt Strategies to Cut Container Shortage Costs

This article explores the risks of dead freight in international shipping and insurance strategies to address them. It analyzes why traditional insurance fails to mitigate dead freight and proposes indirect solutions such as trade credit insurance and logistics liability insurance. The article also emphasizes practical methods to proactively reduce dead freight risks through contract clauses, flexible transportation options, and reasonable time scheduling.

09/15/2025 Logistics Encyclopedia
Read More
Global Trade Relies on Cargo Insurance as Risks Grow

Global Trade Relies on Cargo Insurance as Risks Grow

This article discusses the main forms of insurance documents in international freight, including insurance policies, insurance certificates, and combined certificates, along with their specific contents and functions. Insurance serves as a crucial tool for safeguarding the economic interests of both buyers and sellers in international trade, especially under CIF terms, where the seller is responsible for insuring the goods. Understanding these documents enhances the security and efficiency of trade.

07/28/2025 Document Interpretation
Read More
Global Trade Relies on Cargo Insurance Amid Rising Risks

Global Trade Relies on Cargo Insurance Amid Rising Risks

This article provides a comprehensive analysis of cargo insurance under various modes of transportation. It offers detailed guidance for businesses navigating global trade, covering pre-insurance preparation, policy selection, post-loss response, and the preparation of claim documents. Choosing the right cargo insurance is crucial for safeguarding business interests and ensuring stable development. This guide aims to equip businesses with the knowledge needed to effectively mitigate risks associated with international shipping and protect their valuable assets throughout the supply chain.

08/21/2025 Logistics Encyclopedia
Read More
Global Trade Relies on Cargo Insurance for Risk Mitigation

Global Trade Relies on Cargo Insurance for Risk Mitigation

Cargo insurance is vital in international trade, mitigating various risks during transportation, such as natural disasters, accidents, and theft, safeguarding businesses' financial interests. It also fulfills contractual obligations, builds customer trust, and complies with regulations in some countries, ensuring smooth customs clearance. Purchasing cargo insurance is a prudent decision, providing security for your trade operations.

11/03/2025 Logistics Encyclopedia
Read More
Marine Cargo Insurance Shields Global Trade from Rising Risks

Marine Cargo Insurance Shields Global Trade from Rising Risks

Understanding potential risks in maritime cargo transport is crucial for insurance procurement. These risks include natural disasters from the shipping process, such as severe weather, tsunamis, and earthquakes, as well as accidental events like grounding and collisions. Such risks can lead to cargo losses, making appropriate insurance essential for ensuring safety during transportation. This article provides a detailed analysis of this topic.

07/28/2025 Logistics Encyclopedia
Read More
Backdated Shipping Insurance Policies: Risks and Legal Nuances Explained

Backdated Shipping Insurance Policies: Risks and Legal Nuances Explained

A backdated insurance policy refers to an agreement where the insurer, at the request of the insured, retroactively sets the policy's inception date to before the shipment of goods, requiring mutual consent. This practice carries a fraud risk by potentially concealing the true date of the insurance contract. Insurers typically demand a guaranty letter to mitigate potential liabilities, ensuring that coverage is limited to risks occurring after the actual policy inception date.

07/28/2025 Logistics Encyclopedia
Read More
Ecommerce Sellers Weigh Courier Insurance Costs for Global Shipping

Ecommerce Sellers Weigh Courier Insurance Costs for Global Shipping

While not mandatory, international express insurance is crucial for cross-border e-commerce sellers. This article analyzes whether purchasing insurance is necessary for high-value goods, low-value goods, and high-risk transportation scenarios. It also reminds sellers to pay attention to insurance claim rules, helping them make more informed decisions and reduce international logistics risks. Understanding when and how to utilize shipping insurance can significantly mitigate potential financial losses associated with damage, loss, or delays during transit, contributing to a more secure and profitable cross-border business.

01/15/2026 Logistics Encyclopedia
Read More