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| Claims less than \500,000,- will be paid only by submission at evidental photos. And the detailed invenory list will not
be required unless until price exceeds \ 100,000,-. However, the reimbursement will be only available in Japan. (Many Japanese client are using this BEST PLAN.) |
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| Normal plan is similar to BEST PLAN, however, we have to ask you to provide
the detailed inventory list for insurance coverage. And for the payment of claims, survey report issued by claim
agent will be required. The claims will be paid at the destination in the local currency. ( Many expats using Standard Pack is making use of this NORMAL PLAN. This plan is not available to Econo Self clients are entitled to use this insurance. |
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| This is the special insuracne provided exclusively for the Econo Self Pack client. And the insurance only covers lose or damage caused by the major accidents of the vessel. The detailed inventory list is not required. |
■ Insurace Coverage
| BEST PLAN | NORMAL PLAN | ECONOMY PLAN | |
|---|---|---|---|
| Inventory | Each detailed price c/w inventory list is not requied. However, the expensive items,more than \100,000,- must be listed. | You must list up the value of each item in the insurance inventory list. Items not valued and listed in the inventory are not covered. | Each detailed price c/w inventory list is not requied. |
| Valuation | Replacement value | Current value | Replacement value |
| Insured amount | Replacement value x 150% | Current value x 100% | Replacement value x 100% |
| Rate of Premium | Please ask | Please ask | Please ask |
| Minimum insurance premium | Please ask | Please ask | Please ask |
| Risks Covered | All risks including packing and unpacking | All risks including packing and unpacking | Only covers loss or damage caused by the vessel being sttandes, sunk, burnt and/or in collision. |
| Risks not Covered | Ordinay wear and tear, mildew, rust, discoloration, compensation for
the delay of forwarding. Non-working of electric appliances without any outside view damage. |
In addition to exclusions of BEST PLAN, Set damage, and inexplicable shortage. | In addition to exclusions of NORNAL PLAN, Theft, breakage, scratch, non delivery, wet damage etc. |
| Insurance policy | No insurance policy will be issued. | Insurance polcy issued. | No insurance policy issued. |
■ Insurance Claim
| BEST PLAN | NORMAL PLAN | ECONOMY PLAN | |
|---|---|---|---|
| Claimant | ECONOMOVE JAPAN CO.,LTD. will claim on behalf of customers. | customers | ECONOMOVE JAPAN CO.,LTD. will claim on behalf of customers. |
| Damage survey | In case the estimate is less than JPY500,000,- the survey is not required. | Basically, survey will be required in all cases. | In case the estimate is less than JPY500,000,- the survey is not required. |
| Valuation of Claim Amount | Based upon the relacement value. | Based upon current value.The repair charge of the damaged item will be reimbursed upto 100% of its current value. | Based upon replacement value. The replacement value of damaged item will be reimbursed in Japan |
Following items will NOT be covered