EOCoverage.Com

Insurance for Marketplace

May 26, 2015

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  1. anthonysl
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    anthonysl New Member

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    We have a global online marketplace which connects customers with makers.


    I need to find a good insurance solution and I am really lost with this.

    1. In case of dispute due to makers poor performance I would like to give a guarantee to our customers.

    Is there a good insurance package that gives a guarantee in case of fraud by makers or if makers do not perform.

    We normally interview makers and do background checks before taking them to the platform so its just 2% that can go wrong.

    So for example we can say upto $5000 covered by our custom guarantee program. Please an expert give me some advise .
     
  2. oldinsuranceguy
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    oldinsuranceguy Expert

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    You should probably look into some kind of surety bond.
     
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