Container insurance
Protecting against risks
We protect against a wide range of insurance risks, depending on the coverage you choose. The most common risks:
All types of containers that meet the requirements of the International Convention on Safe Containers dated 02.12.1972 (as amended on 04.11.1993):
- Standard (general purpose)
- Refrigerated
- With open top
- Tank container
- Flat-rack
- Platform
Benefits of insurance in INGO
Possible options for insurance coverage
With coverage of all risks
- Loss of, damage to or destruction of the container or any part thereof for any reason, except for the exclusions specified in the insurance contract
- Loss, damage or loss of container mechanisms as a result of total loss of the container or certain named perils
- Losses, expenses and contributions for the General accident
With coverage of total loss
- Total loss of the container due to any reason, except for the exclusions specified in the insurance contract
- Losses, expenses and contributions for the General accident
With coverage of the agreed risks
Loss, damage or destruction of the container or any part thereof as a result of certain named perils, except for the exclusions specified in the insurance contract.
outlook - «Evolving»
8.12.2023
What factors influence the risk assessment and the amount of the tariff?
The following factors are taken into account when assessing the risk and, accordingly, determining the tariff: age, type and size of the container, number of containers and their average cost, transportation geography, deductible, insurance coverage, loss history, and structure by mode of transport.
How is the damage calculated in case of complete loss of the container?
In case of total loss of the container, the actual value of the container is indemnified minus operational wear and tear, the value of the container's remains (within the sum insured).
Complete constructive destruction: if as a result of the insured event the costs of restoring the container to the condition before the insured event exceed 80% of the sum insured for the container.
How is damage calculated in case of partial loss of a container?
In case of partial loss of the container, the costs of restoring the container to the condition before the insured event shall be indemnified, including the costs of materials and spare parts for repair, payment for repair work, and delivery of materials to the place of repair.
How long can containers be insured for?
Containers can be insured both for the duration of a single transportation and for a certain period.
In what territory is the insurance coverage valid?
The insurance contract is valid on the territory within the route of transportation or the place of storage, except for the territories specified in the contract (e.g., war zones, occupied territories, certain countries, etc.)
