Keeping your Amazon Seller Central account active is vital to your seller ranking and overall Amazon business. Ignoring repeated Amazon notices to comply with insurance is not a good idea. Amazon will force compliance and take action for those not compliant, but the unknown is when.
If you have received several emails from Amazon about compliance with their updated insurance policy, the clock is ticking for compliance.
Amazon sends reminder notices every few weeks for you to get into compliance after you cross the $10K in monthly sales threshold. It is rumored that by September 2023, Amazon will suspend sellers who are not compliant. This is the second anniversary of the program’s start, and many sellers who are in compliance are unhappy with those who are not. Plus, there is pressure from insurance companies for Amazon to stand behind their compliance requirements.
We know the supply chain issues are bad enough, don’t suspend your seller central account or access to your funds by not complying.
What happens if your Amazon Seller Central account is suspended?
You will need to take the proper steps to get out of suspension. First, it involves complying with the insurance policies and uploading your certificate of insurance to Amazon to get it approved.
Ideally, this will solve your suspension issue, but how fast it is unknown.
If you continue to have issues, we have a recommended resource with Chris McCabe, an expert helping Amazon sellers with suspended accounts or ACINs. See our video at this link from the previous Prosper Show, where Chris shares valuable tips on responding to Amazon properly when handling an Amazon suspension issue.
Why risk paying high fees to a company to help you get out of suspension and risk-taking your selling ranking in the meantime?
First, check with Marsh.com to see if they can offer you insurance in your home country.
If they cannot help, schedule a call with our team at this link, and we will explain your options with U.S. insurance and a U.S. company to protect your account, business, and income for you and your family.
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