Description
Business Income protection for online retailers is now more vital than ever given the reliance on distribution channels. The e-commerce insurance coverage will be tailored to meet the demands of online retailers in the event of a temporary suspension by the distribution channel.
Moreover, E-commerce businesses are almost always required to have insurance due to the risk of professional mistakes selling the wrong items, or damaging inventory and property while delivering it, including losses in the event of natural disasters, accidents, and lawsuits.
Coverage Details and Features
- A range of daily indemnity limits can be offered per day
- For covered losses, a lumpsum is offered for a reinstatement specialist to help the Insured resume trading
- Monthly premium options available
- Annual &/or Monthly Policies available
- A tailored policy provides a wide range of coverages on an All Risks basis with predefined exclusions.
- A dedicated Third Party Claims Administrator handles all claims, quickly and efficiently.
