Alternative Shipping Insurance for eBay Sellers
Designed especially for eBay sellers, InsuredBay is a web-based shipping insurance system that offers significant savings in both time and costs. At www.insuredbay.com, shipping insurance costs are up to 50% lower than those of the major carriers, including USPS, UPS, DHL and even ShipCover at eBay.
Insuredbay's insurance policies are underwritten by Lloyds of London, providing comprehensive insurance coverage designed to work with eBay and Paypal's payment system. By operating the payment system with Paypal, the InsuredBay site does not store the personal or credit information of the user, which assures the highest level of online security.
With InsuredBay.com, eBay sellers can choose from two insurance purchase options.
- Time-saving option: With the Order by Email system, the seller forwards the Paypal confirmation email from the eBay sale to new-policy@InsuredBay.com. The seller receives a return email confirming the insurance order, with a link to Paypal for the payment. When purchasing more than one insurance policy, bulk payment can be made via an email link, or via the checkout at the InsuredBay account.
- There is also a manual insurance purchase option. The seller enters their InsuredBay account and orders a policy by completing a form with all the relevant information about the eBay sale. Payment is made at the checkout via Paypal and a policy and invoice is sent to the seller's email address.
There are three convenient payment options available. The most efficient is our automatic payment system. The user simply defines the minimum and maximum insurance purchase amount and number of payments to InsuredBay in his/her Paypal account, and insurance payments will be deducted automatically. When the budget is cleared, the seller sets the budget again. This method is particularly useful for large eBay sellers with a high-volume of insurance purchases.
Payments can also be made via credit card on Paypal.
With the manual ordering system, the seller can choose whether to insure the shipping costs only, or the value of the item plus shipping costs. With Order by Email, the insurance will automatically cover the sale and the shipping cost.
Safe and secure, the InsuredBay system offers an accessible, streamlined service. Sellers can keep up to date with insured shipments by accessing their online InsuredBay account. There is no need to download any programs or tools to use InsuredBay.
InsuredBay currently insures shipments throughout North America, the UK, Australia, Western Europe, New Zealand and parts of Asia. InsuredBay covers all items, except for special shipments, such as jewelry or computers. In the event of a lost or damaged shipment, the entire insurance claim is handled online. Simply complete the claim form, attach all the relevant documentation, and the claim is processed right away.
InsuredBay offers international insurance services and cross-border arbitration for a global clientele. In the event of an insurance dispute, InsuredBay refers the case to the American Arbitration Association, which conducts an online arbitration proceeding. This is an efficient and relatively inexpensive forum to resolve any disputes that may arise.
InsuredBay.com is a joint venture between InsuredBay Web Services Ltd, based in Essex, UK, and GlobIT Maritime Insurance, a long-standing company with years of experience in cargo insurance. Insurance cover is provided by Lloyds of London underwriters. Under the management of Ochai Sasson, an experienced veteran of the maritime insurance industry, InsuredBay offers a flexible, user-friendly insurance system to meet the unique needs of eBay sellers.
For further information, please contact info@InsuredBay.com or visit www.InsuredBay.com.
Mori Sasson
Questions and Answers
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