What is the definition of Electronic Commerce / E-Commerce?

Electronic Commerce (also called E-Commerce) is the term used for buying and selling over the Internet or other computer networks. There is a growing market that sells over the Internet, as this is easier for some customers. This is seen along with the growth in the number of Internet users, as well as the development of payment modes over the Internet.

Companies that sell their products or services through the Internet directly to their customers are called B2C companies (or business-to-consumer companies).

Some insurance companies also sell their products over the Internet. These are those who sell insurance produce exclusively through E-Commerce.

• Reinstatement
• Registered Principal
• Liquor Liability
• Businessowners Policy (BOP)
• Directors and Officers Liability Insurance