Cyber. Your platform holds card data and is the primary target and the primary liability route.
Yes. Being the seller of record places you in the chain of distribution.
Only with inland marine or off-premises stock coverage.
Yes. Product and cyber exposure are fully intact, and marketplaces and payment processors often require it.
Fraud is a crime
If your application contains purposefully misleading, absent, or inaccurate information, you could be charged with fraud. Your insurance carrier could potentially void your policy, or you could face civil or criminal charges or penalties.
Any person who knowingly and with intent to defraud any insurance company or other person, files an application for insurance or statement of claim containing any materially false information or conceals, for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent act, which is a crime.
