Container insurance (regular)

A and responsibilities
This insurance is divided and risks, the total insured loss occurs when the container, the company and according to the provisions of this clause is responsible for compensation.
(a) total risks
The total loss. Container
(2) all risks
1 all loss or container partial loss (but the machine parts according to the loss of container provisions below).
2 due to the cause of the loss of part machine. Container
(1) transport ships sank, was caused by the collision, stranding, including with ice collision),
(2) land or air transport collision, overturned and other accidents caused by,
(3) outside of fire, explosion.
It covers all risks, business or company to general average, salvage and damaged container, after insurant immediately take effective measures to prevent further loss and pay the reasonable expenses, but also responsible for compensation for the rescue and security costs shall not exceed the amount of compensation for the salved container amount of insurance.
Second, each container as a single unit of insurance, have definite shipping mark. The insured shall periodically to insure the container repair and maintenance work.
Third, except responsibility
This company for the following reasons causing the loss, the responsibility and the cost will not be liable for:
(a) does not accord with international standard, container or due to its inherent defect and characteristics, or workers' strike, or delay caused losses and expenses.
(2) normal wear and tear of cost of repairs.
(3) container all countries government exercise of detention, arrest, confiscation or expropriation.
(4) war, hostilities or armed conflict. Because of the war and armed conflict, hostilities or detention, arrest, caused by blocked or confiscated.
(5) all sorts of conventional weapons, including mines torpedoes or bombs.
Atomic bombs, hydrogen bombs (6) loss caused by nuclear weapons, etc.
(7) and the relevant management insure container or by the third party liability and expenses caused.
Fourth, from
Fixed insurance, ending time with policy shall prevail.
Five, surrender
This insurance is available both ways of 30 days prior notice to terminate the contract. If the insured in inside insurance time limit, should according to company policy short-term rate computation refund (with one month).
Six, claims and damages
(a) loss occurs when the insured container, the insured shall immediately notify the company or near the company inspection agent and adopt all possible measures to reduce losses. Within the scope of the insurance liability belongs to repair the company should obtain consent. If loss by ship, other trustees or any third party shall be responsible for good, to recover the responsibility of all the formalities.
(2) container, the company according to the total amount all compensate.
(3), and partial loss occurs when the container company according to the reasonable cost of repairs after deducting avoid compensate pays. If the latter over insurance amount, but as a constructive total loss.
(4) insurant is in charge, must the reparations from the ship, other trustees or any third party rights to recover the responsibility of our company.
(5) insurant claim, the company should provide a formal written claim letter, accident insurance cost, reports, documents and insurant, can offer and confirm the property of insurance accident, reason, loss of other related degree certificates and material.
To the company by the insured claims for compensation and provide information, this company for approval within 60 days. To belong to the insurance liability, the company and insurant pays insurance compensation or reached the agreement within 10 days after compensatory obligations.
Seven, the dispute processing
Because of this insurance contract disputes, by the parties through consultation. Through consultation and submitted to the policy of arbitration agency, If no such policy and dispute arbitration institution fails to reach an arbitration agreement after the law, to the court has jurisdiction.
This insurance contract law of the People's Republic of applicable law (not including Hong Kong, Macao and Taiwan area).