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How Does InsuraTech Amazon Suspension Insurance Work?

By Alex Knight

You can now buy insurance to protect your business against Amazon bans. Will it really pay out if the worst happens?

How Does InsuraTech Amazon Suspension Insurance Work?

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Cheana

Did I understand correctly that your payment for your loss would come AFTER you are reinstated? If this is true, a company could go under before any funds arrive. What if you are not reinstated?

Nicole Welden

You have a valid concern. The way the policy is set up at this time, is payment when you are reinstated.

Cheana

Replying to Nicole Welden

Is it true that there is no insurance coverage if your appeal to be reinstated is denied?

Mike

So, with all the weasel clauses, the insurance is basically worthless to many sellers under many common circumstances. Thanks for the clarification.

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