1. xChange Service
  2. Marketplace - Leasing
  3. Insurance

What types of insurance are offered?

Updated
Nikolai Ivanenko
Have more questions? Submit a request
  • 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

 

CONTAINER 7.png

____________________________________________________________________________

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.

Articles in this section

See more
Was this article helpful?
0 out of 0 found this helpful
Share

Comments

0 comments

Please sign in to leave a comment.