The below listed information is only a summary* of the full Policy written for the account of Worry-Free Purchase Association, produced by Seel Insurance Services, inc and underwritten by Seel Insurance, Inc (NAIC #17773) which is effective from April 10, 2025 - April 10, 2026. All Insurance coverage is subject to the full terms and conditions of the policy.
*This summary is provided as a matter of information only and confers no legal or contractual rights upon the recipient. This summary does not amend, extend or alter the coverage, terms exclusions and conditions afforded by the policy referenced herein.
Definitions
A. Buyer means the person or entity that has paid for the protected goods.
B. Carrier means the delivery service company responsible for transit of the package.
C. Damage(d) means accidental or malicious physical damage to the package.
D. Delay means the package was not delivered to the final destination within the estimated time provided by the carrier.
E. Final Destination means the address where the package is scheduled to be delivered. The address of delivery is provided by the buyer, as shown on the purchased invoice.
F. Protected Goods means the product or merchandise that the Seel Platform has deemed eligible for coverage, subject to the terms and conditions of this program.
G. Loss/Lost means the package has not been delivered and which the carrier has declared to be lost in transit.
H. Package means the parcel containing the protected goods which are properly prepared and arranged for transit and assigned a tracking number.
I. Seel Platform means our online electronic–based platform through which you are acquired our product.
J. Theft means the unlawful act where someone intentionally takes the buyer’s package after which it was marked as delivered to the final destination by the carrier, and which the package is not recovered.
K. Tracking Number means a unique sequence assigned to a package that enables the ability to track and view the status of the package in transit.
L. Transportation/Transit means the entire shipping process of moving the package from the point of origin to the final destination via land, air, or sea.
Coverages Provided
The Insured may purchase transactional insurance (per shipment basis) for packages shipped via the modes specified in this Policy.
Perils Insured
Risks of physical loss of or damage from any external cause irrespective of percentage, except such risks as are excluded by Policy.
Delay as defined by the Policy, except Delay arising from such risks as are excluded by the policy such as delays caused by government actions or the willful actions of the insured.
Geographical Limits
At and from ports and/or places in the world to ports and/or places in the world, subject to the Policy’s U.S. Economic and Trade Sanctions Clause and the following geographical limits:
This Policy does not cover shipments to, from or domestically within Afghanistan, Iran Iraq, Libya, Somalia, Sudan, Syria, Yemen or any other areas of the world subject to OFAC restrictions.
Valuation
Insured goods shall be valued at the amount of the invoice, excluding taxes, Tarrifs and shipping charges.
Limits of Liability
Limits of Liability for Loss or Damage
Any one package or shipment:
USD $5,000
Any one package or shipment
Containing a computer, laptop,tablet, smartphone or smart watch:
USD $2,500
Limit of Liability for Delay
Any one package or shipment: USD $10.00
Limit of Liability for Loss, Damage and Delay—Any One Vessel or Conveyance
Any one vessel or conveyance: USD $250,000
GOODS INSURED
Subject to the terms, conditions and limits of the Worry Free Purchase Association Policy, this Policy is intended to cover shipments of lawful goods:
1. for which the Insured is the shipper;
2. shipped by or to others for the Insured’s account or control where the Insured has an insurable interest; or
3. shipped for the account of others on which the Insured has received instructions to include for coverage under this Policy. Instructions must be given in writing prior to transportation and prior to any known or reported loss or accident.
The following goods shall be excluded from coverage unless endorsed:
· Automobiles and motorcycles;
· Boats and yachts;
· Live animals;
· Cash;
· Lumber;
· Ceramic, marble or granite tiles, slab blocks countertops or statues;
· Negotiable papers;
· Cigarettes and other tobacco products;
· Raw cotton;
· Pharmaceutical drugs;
· Fine arts (valued in excess of $10,000 per piece);
· Precious stones and metals;
· Flowers;
· Scrap metal, steel metal and steel metal products; automotive engines; general used automotive merchandise made of metal;
· Glass windows, plate glass and similar goods;
· Securities;
Requirements for Notice of Loss, Damage or delay.
In general. In the event of a loss, damage, porch piracy, delay or event which may lead to a claim under this Policy, the Insured must give prompt notice to the Insurer and in all events no later than 90 days following the order date for the goods, or such shorter period of time for notice as required under this Policy.
Loss due to non-delivery. Where goods are presumed to be lost because the goods were not delivered, the Insured must report the loss to us no sooner than 10 days following the date on which the goods were shipped for domestic shipments and no sooner than 30 days following the date on which the goods were shipped for international shipments.
Damage. Damage to goods must be reported to the Insurer no later than 7 days after the date the goods were marked as delivered.
Porch Piracy. A missing package that has been marked as delivered by the shipping carrier. Issues of suspected porch piracy must be reported no later than 7 days after the date the goods were marked as delivered.
Delay. Delay in the delivery of goods must be reported no sooner than 10 days following the date on which the goods were shipped for domestic shipments and no sooner than 30 days after the date the goods were shipped for international shipments. For both domestic and international shipments, a Delay issue may be reported during the reporting window as long as the package status is not “delivered” at the time of reporting.
*Terms may vary depending on specific details agreed upon between Seel and Partners or merchants. Check the Terms in your email from Seel or login to resolve.seel.com to see the specific policies that apply to You.
HANDLING DAMAGED GOODS
It is agreed that in the event of damage to insured goods, the Insured shall:
1. retain control of all damaged goods;
2. consult and allow the Insurer to inspect any damaged goods before any disposal or sale of the damaged goods; and,
3. when practical, recondition and sell such goods after removal of all brands and trademarks, the Insurer being entitled to the proceeds from such sale.
It is further agreed that when both the Insured and the Insurer concur that the disposal or sale of such damaged goods is detrimental to the Insured’s interest (or when the Insured will be unable to sell or dispose of such damaged goods under their agreement with any trade associations), such damage will be treated as a constructive total loss, and the goods will be destroyed in the presence of a representative of the Insurer.
Subrogation
Upon our payment of your claim, all of your rights and remedies against other parties with respect to your Loss will be subrogated to us. We may receive or pursue any amounts recovered or recoverable from those parties. You cannot waive these rights against another party. For the avoidance of doubt, Seel, Insurance Inc., the Insurer, is the sole payor of any and all payouts associated with this product and the Insured is to contact the Insurer directly per the applicable Policy.
INSURANCE FRAUD WARNING STATEMENT
This Statement is provided to you with the insurance application. READ the applicable Fraud Warning Statement for the state in which your application is being made before executing and submitting the application.
ALABAMA
§ 27-12A-20
Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or who knowingly presents false information in an application for insurance is guilty of a crime and may be subject to restitution, fines, or confinement in prison, or any combination thereof.
ALASKA
§ 21.36.380
A person who knowingly and with intent to injure, defraud, or deceive an insurance company files a claim containing false, incomplete, or misleading information may be prosecuted under state law.
ARIZONA
§ 20-466.03
For your protection, Arizona law requires the following statement to appear on this form. Any person who knowingly presents a false or fraudulent claim for payment of a loss is subject to criminal and civil penalties.
ARKANSAS
§ 23-66-503
Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or knowingly presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison.
CALIFORNIA
§ 1871.2
For your protection, California law requires the following to appear on this form: Any person who knowingly presents false or fraudulent information to obtain or amend insurance coverage or to make a claim for payment of a loss is guilty of a crime and may be subject to fines and confinement in state prison.
COLORADO
§ 10-1-128
It is unlawful to knowingly provide false, incomplete, or misleading facts or information to an insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fines, denial of insurance, and civil damages. Any insurance company or agent of an insurance company who knowingly provides false, incomplete, or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policy- holder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado Division of Insurance within the Department of Regulatory Agencies.
DELAWARE
11 § 913
Any person who knowingly, and with intent to injure, defraud or deceive any insurer, files a statement of claim containing any false, incomplete, or misleading information is guilty of a felony.
DISTRICT OF COLUMBIA
§ 22-3225.09
WARNING: It is a crime to provide false or misleading information to an insurer for the purpose of defrauding the insurer or any other person. Penalties include imprisonment and/or fines. In addition, an insurer may deny insurance benefits if false information materially related to a claim was provided by the applicant.
FLORIDA
§ 817.234
Any person who knowingly and with intent to injure, defraud, or deceive any insurer files a statement of claim or an application containing any false, incomplete, or misleading information is guilty of a felony of the third degree.
§ 626.8797
Pursuant to s.817.234, Florida Statutes, any person who, with the intent to injure, defraud, or deceive any insurer or insured, prepares, presents, or causes to be presented a proof of loss or estimate of cost or repair of damaged property in support of a claim under an insurance policy knowing that the proof of loss or estimate of claim or repairs contains any false, incomplete, or misleading information concerning any fact or thing material to the claim commits a felony of the third degree, punishable as provided in s. 775.082, s. 775.083, or s. 775.084, Florida Statutes.
IDAHO
§ 41-1331
Any person who knowingly, and with intent to defraud or deceive any insurance company, files a statement containing any false, incomplete, or misleading information is guilty of a felony.
INDIANA
§ 27-2-16-3
A person who knowingly and with intent to defraud an insurer files a statement of claim containing any false, incomplete, or misleading information commits a felony.
KENTUCKY
§ 304.47-030
Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance containing any materially false information or conceals, for the purpose of misleading, information concerning any fact material thereto commits a fraudulent insurance act, which is a crime.
LOUISIANA
§ 40:1424
Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or knowingly presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison.
MAINE
24-A § 2186(3)(A)
It is a crime to knowingly provide false, incomplete, or misleading information to an insurance company for the purpose of defrauding the company. Penalties may include imprisonment, fines, or a denial of insurance benefits.
MARYLAND
§ 27-805
Any person who knowingly or willfully presents a false or fraudulent claim for payment of a loss or benefit or who knowingly or willfully presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison.
MINNESOTA
§ 60A.955
A person who files a claim with intent to defraud or helps commit a fraud against an insurer is guilty of a crime.
NEW HAMPSHIRE
§ 402:82
Any person who, with a purpose to injure, defraud or deceive any insurance company, files a statement of claim containing any false, incomplete or misleading information is subject to prosecution and punishment for insurance fraud, as provided in RSA638:20.
NEW JERSEY
NJAC 11:16-1.2
Any person who includes any false or misleading information on an application for an insurance policy is subject to criminal and civil penalties.
NEW MEXICO
§ 59A-16C-8
Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or knowingly presents false information in an application for insurance is guilty of a crime and may be subject to civil fines and criminal penalties.
NEW YORK
§ 403(d) | 11 NYCRR § 86.4
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 insurance act, which is a crime, and shall also be subject to a civil penalty not to exceed five thousand dollars and the stated value of the claim for each such violation.
OHIO
§ 3999.21
Any person who, with intent to defraud or knowing that he is facilitating a fraud against an insurer, submits an application or files a claim containing a false or deceptive statement is guilty of insurance fraud.
OKLAHOMA
§ 3613.1
WARNING: Any person who knowingly, and with intent to injure, defraud or deceive any insurer, makes any claim for the proceeds of an insurance policy containing any false, incomplete, or misleading information is guilty of a felony.
OREGON
§ 742.208
( 1 ) Subject to subsections (2) and (3) of this section, this entire policy shall be void if, whether before or after a loss, the insured has willfully concealed or misrepresented any material fact or circumstance concerning this insurance or the subject thereof, or the interest of the insured therein, or in case of any fraud or false swearing by the insured relating thereto.
( 2 ) All statements made by or on behalf of the insured, in the absence of fraud, shall be deemed representations and not warranties. No such statements that arise from an error in the application shall be used in defense of a claim under the policy unless:
( a ) The statements are contained in a written application; and
( b ) A copy of the application is indorsed upon or attached to the policy when issued.
( 3 ) In order to use any representation by or on behalf of the insured in defense of a claim under the policy, the insurer must show that the representations are material and that the insurer relied on them.
PENNSYLVANIA
18 Pa.C.S. § 4117
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 insurance act, which is a crime and subjects such person to criminal and civil penalties.
RHODE ISLAND
§ 27-29-13.3
Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or knowingly presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison.
TENNESSEE
§ 56-53-111
It is a crime to knowingly provide false, incomplete, or misleading information to an insurance company for the purpose of defrauding the company. Penalties include imprisonment, fines, and denial of insurance benefits.
TEXAS
§ 704.002(a)
Any person who knowingly presents a false or fraudulent claim for the payment of a loss is guilty of a crime and may be subject to fines and confinement in state prison.
VIRGINIA
§ 52-40
It is a crime to knowingly provide false, incomplete, or misleading information to an insurance company for the purpose of defrauding the company. Penalties include imprisonment, fines, and denial of insurance benefits.
WASHINGTON
§ 48.135.080
It is a crime to knowingly provide false, incomplete, or misleading information to an insurance company for the purpose of defrauding the company. Penalties include imprisonment, fines, and denial of insurance benefits.
WEST VIRGINIA
§ 33-41-3
Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit or knowingly presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison.
All insurance coverage is subject to the full terms, conditions and wording of the Policy in the name of Worry-Free Purchase Association.