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High Risk Insurance

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Posted: Wed Jan 28, 2009 5:03 pm Post subject: High Risk Insurance

I am going to opt for my new E-commerce High Risk Merchant Account. Can I get anyone who will tell more about how insurance sector will deal if I am in need for this type of insurance for those online transactions going to be taken place with couriers and the payments by online credit card acceptance? Do I need to insure for both transactions differently? Or I have any offrers from those credit card offering banks? Can anyone help?

VIJAYRAJ

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Joined: 11 Dec 2008
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Posted: Wed Apr 15, 2009 12:18 pm Post subject:

Ya i think you need to ensure both the cases differently

shray0686

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Joined: 15 Apr 2009
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Posted: Wed Apr 15, 2009 2:47 pm Post subject:

Hi.. To tell you the truth..it's really tough to obtain such accounts from banks. Usually banks don't prefer high-risk merchants. Even when they offer these accounts to such customers, they're gonna charge much higher rates. On the other hand if you'd go for a third party provider, you might achieve a cheaper rate. This happens due to a severe competition amongst such providers. In order to lower your costs further, you may also look for providers who don't charge you for the application. Good luck! Roddick

roddick

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roddick

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Posted: Tue May 05, 2009 2:26 pm Post subject:

as per my experience and kowledge. both bank and insurance company won't like to those high risky programs and you'd have to bear the risky by yourself.

tohawk

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Joined: 05 May 2009
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