What types of insurance are offered?

Updated

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  • In the Insurance Manager, you can choose between the following two insurance plans:

 

 

Basic Insurance 

Premium Insurance

Coverage
  • Total Loss
  • Constructive Total Loss
  • General Average 
  • Mysterious Disappearance
  • Total Loss
  • Constructive Total Loss
  • General Average
  • Mysterious disappearance
  • In-service-repairs approved by the surveyor in accordance with the set repair standard (up to IICL standard) including any necessary repairs of the container's insulation and cladding
  • Survey costs for in-service-repairs
  • Off-hire repairs approved by the surveyor on the basis of IICL/ITCO standards and/or the various in-house standards of different lessors of containers
  • Survey costs for off-hire repairs
  • Post-repair survey costs

Deductibles 

 25% deductible on Mysterious Disappearance You can choose between
$50 or $100

Insurance cycle

 The insurance is valid for one-way moves up to 60 days after pick-up (per container). The insurance will be automatically renewed on a per-day basis after 60 days unless the containers are reported as empty returned/ dropped off on xChange. The insurance is valid for one-way moves up to 60 days after pick-up (per container). The insurance will be automatically renewed on a per-day basis after 60 days unless the containers are reported as empty returned/ dropped off on xChange.

Billing

 Monthly Monthly

 

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Deductibles are very important: They determine the minimum bar for insurance coverage. All damage higher than the set deductible will be covered. Everything below that is to be paid by the user.

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