To facilitate purchases of PPE equipment, Wholesale Health Group provides full escrow and insurance services to clients to assure them that their funds are handled safely. Clients will send the funds to purchase PPE into an escrow account in the United States which is administered by reputable and experienced law firms. Those funds are distributed according to the instructions in a detailed Escrow Agreement, accompanied by a Letter of Intent (LOI), Proof of Funds (POF) and Purchase Order (PO). Final disbursement of funds from the escrow account to the seller’s bank account is only made after the PPE is inspected by an independent inspection service such as SGS to make sure that the goods meet all specifications in quality and quantity.
Buyers will also have the choice to buy an insurance policy, also called a performance bond, which insures that the goods will be delivered as set out in the Purchase Order. Buyers will be notified how much the premium for the insurance policy will be and then will be free to accept or reject the policy. The details of this insurance policy will be provided along with the Escrow Agreement.
Fill out the form below to begin your escrow and insurance request: