From cart to customer, complete coverage made for E-commerce businesses
Covrzy’s stock insurance for ecommerce companies ensures your products are protected at every stage of your supply chain.
Our Trusted Partners
Insurance Policies for your E-commerce Business
Guard Your E-commerce Hub from Fire's Fury
Protect your inventory and infrastructure with Covrzy’s fire insurance for e-commerce warehouses. Make sure your e-commerce business is resilient against operational disruptions.
What are the risks faced by the e-commerce industry
Delivery Driver Injuries
One in five Amazon delivery drivers surveyed in India reported being injured on the job, raising concerns over worker safety and liability.
Factory Fatalities and Injuries
Between 2017 and 2020, India saw an average of 1,109 fatalities and over 4,000 injuries annually in registered factories, underscoring supply chain and worker safety risks.
Perceived Safety Environment
Only 21.3% of Amazon warehouse workers and drivers in India believe the work environment is safe, highlighting occupational safety and compliance concerns in e-commerce operations.
Insured Professionals: Who's Covered?
Customers & Third Parties
Partners and shareholders
Employees
Property and Asset protection
Inclusions
Fire Damage
Fire insurance for e-commerce warehouses covers losses due to fire, ensuring protection for inventory and infrastructure.
Inventory Loss
Stock insurance for ecommerce companies provides coverage for damage or loss of goods stored in warehouses, safeguarding your business assets.
Transit Losses
Marine cargo insurance within ecommerce logistics insurance covers goods against damage or loss during international and domestic transit.
Employment-Related Claims
Employment Practices Liability Insurance covers claims of discrimination, harassment, and wrongful termination within healthcare facilities.
Theft and Burglary
Insurance for ecommerce business provides coverage for losses due to theft or attempted theft, securing your e-commerce business against unfortunate incidents.
Exclusions
Intentional Damage
Does not cover damages caused intentionally by the insured.
Prior Knowledge
Does not cover claims arising from circumstances that were known or should have been known prior to the policy inception date.
Pre-Existing Conditions
Health insurance for startups often excludes coverage for pre-existing medical conditions unless otherwise specified.
Insured vs Insured Claims
Generally excludes claims made by one insured party against another within the same organization.
War and Terrorism
Excludes damages resulting from acts of war or terrorism.
How are Ecommerce Companies Covered with Insurance
In 2016, Samsung faced a significant crisis when its Galaxy Note 7 smartphones began catching fire due to battery defects. Retailers and e-commerce businesses had to manage returns, refunds, and logistics challenges, resulting in substantial financial losses and operational disruptions. With product liability insurance, e-commerce companies can easily mitigate the financial impact of this disaster.
Secure your Ecommerce Company Today!
Covrzy’s comprehensive Insurance for ecommerce business is here to safeguard your business in minutes. Connect with a Covrzy expert to craft your perfect insurance plan.
Frequently Asked Questions
What is stock insurance for e-commerce companies?
It protects your inventory from loss or damage due to fire, theft, natural disasters, and other covered perils.
What types of insurance does Covrzy offer for e-commerce businesses?
Why is product liability insurance important for e-commerce businesses?
Do you have more questions?
Contact us for any queries related to business insurance, coverages, plans and policies. Our insurance experts will assist you.
From inventory to delivery, we've got your stock covered
We'll handle the risks while you focus on scaling your business.
