Insurance for leasing deals
- When negotiating a leasing deal on xChange, both partners have the option to insure their containers from Total Loss (Basic Insurance) or Total Loss and Damages (Premium Insurance).
- The insurance coverage starts with the pick-up date and stops when the containers are marked as returned empty.
- In case a claim has to be made, the Insured can reach out via email:
Insurance for deals outside of the xChange platform
- In case a container is not traded or leased on the xChange, and it needs to be insured, the customer can do so by using the Insurance Manager at the same rates.
- The Insurance Manager allows customers to insure off-platform containers against Total Loss (Basic Insurance) or Total Loss and Damages (Premium Insurance).
- To start the insurance process, the customer has to upload:
- The container number
- Pick up date (this would be the date from when the insurance coverage would start).
- To stop the coverage, the customer has to upload a drop-off date (this would be the date from when the insurance coverage would stop).
- The insurance will not stop automatically.
- In case a claim has to be made, the Insured can reach out to conops@container-xchnge.com
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