Insurance made easy by Insurance on eBay
Insurance made easy by Insurance on eBay
eBay is one of the leading online stores on the internet and has millions of users from various parts of the world. A lot of buyers and sellers get registered on the site on daily basis for buying and selling products. People must be aware of the fact that when we talk about Ebay Insurance, it refers to shipping insurance, PayPal protection plan or escrow insurance to complete the transaction. It is suggested to read these policies well in advance to avoid any conflict later on. Insurance on eBay has been elaborated below based on these parameters.
Shipping Insurance
It is a well know fact that insurance on eBay is also considered as shipping insurance. People pay for services and products. If the item has to be shipped, the users must read about eBay insurance so that he is well informed about the shipping policies. The products received by the buyer must be in good condition. This is the major part of insurance on eBay. The eBay insurance can insure the item or products in the event of damage or lost. One of the most important factors of eBay insurance is that it keeps the tracking and delivery information about the product. The buyers and sellers both remains updated about the status of the item that has been shipped.
PayPal protection plan
The next factor aboutInsurance on ebayis PayPal protection plan. This offers benefits to both sellers and buyers. The purchase is protected for buyers if they do not receive the product. The eBay insurance also ensures that the condition of the item is same as what has been mentioned in the listing. The sellers are also protected with PayPal protection plan if the buyer has provided the fraudulent account information for buying things. eBay insurance depicts the equal benefits and protection for both sellers and buyers.
Escrow service
This service acts as a middleman for transactions between buyers and sellers. Insurance on eBay is a relief for people who are involved in making or receiving payments. This is because of the reason that the payment is held with escrow service till the time the product or item is received by the buyer. eBay insurance in the form of escrow service makes sure that the tracking and the shipping information is made available by seller. After the buyer confirms the receipt of the product, the payment is sent to the seller. This is one of the best features of insurance on eBay that the payment and product is received by both the parties.
In case, you are trying to set up an account on eBay, you must be aware of the eBay insurance so that you can buy or sell items without any tension and fear. Insurance on eBay has been introduced so that people can do shopping on this platform. eBay insurance is one of the most important factors on this portal.
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