Insurance for Chinese e - commerce companies is being identified as a sector which could experience rapid growth , according to Willis Towers Watson . There 's an increasing opportunity to provide coverage for goods being returned to online marketplaces like Alibaba , the company noted . Increasingly online sales platforms in China are offering consumers free - return policies , while also issuing instant refunds if the customers has a good enough credit score or rating . China’s life insurance market is currently dominated by hybrid products, which combine savings and limited life protection. Retailers can potentially boost sales by acquiring insurance for e - commerce company returns due to the ability to increase the number of goods they can offer free returns on .
Insurance for Chinese e - commerce companies is being identified as a sector which could experience rapid growth , according to Willis Towers Watson . There 's an increasing opportunity to provide coverage for goods being returned to online marketplaces like Alibaba , the company noted . Increasingly online sales platforms in China are offering consumers free - return policies , while also issuing instant refunds if the customers has a good enough credit score or rating . Retailers can potentially boost sales by acquiring insurance for e - commerce company returns due to the ability to increase the number of goods they can offer free returns on .