On August 10 2021, Amazon changed its requirement for sellers mandating that a business or sole proprietor selling on Amazon.com are now required to take out insurance once they reach US$10,000 in sales in one month on Amazon.com.
Whereas previously, the threshold for insurance was US$10,000 in sales for three consecutive months, which was rarely enforced.
For sellers registered in Hong Kong, Singapore and Thailand, selling on any Amazon marketplace, Azure Risk, a member of the +8 Partners ecosystem, discusses Amazon’s recent change in seller and reseller insurance requirements.
