Our container insurance aims at increasing trust when doing business on xChange and has global coverage for total loss, constructive total loss, and mysterious disappearance. Container insurance can be added by the container user to any deal as and is billed monthly.
|Total Loss Insurance||Container Damage Insurance|
|What is insured?||The empty containers on a global one-way move (no insolvency cases, no loss of profit).|
|What is covered?||Total loss||Total loss|
+ Any repairs between the deductible of 100 USD and the DRV value
|How much does it cost?||From 2,50 USD up to 4,10 USD per container for 60 days, depending on container type|
|How long are my containers insured?|
|What replacement values are covered by the insurance?||From 2.150 USD up to 23.250 USD per container||From 2.150 USD up to 23.250 USD per container|
|Who pays the insurance fee?||The container user always pays the container insurance fee.|
|What are the insurance billing terms?||The costs will be billed monthly.|
Claiming a total loss happens within the particular request or by reaching out to email@example.com, a surveyor will then be tasked with assessing the damage and accepting the claim. The users and his agents have to search for the missing container for 2 months. After 2 months, our appointed surveyor has to search for the missing container for 1 month. After this period a container is considered as lost and has to be paid by underwriters after deduction of a 25% deductible any container for Mysterious Disappearance.