SeaCover is Seaco's damage protection plan. It enables customers to eliminate the cost of repairing damage to the container at off-hire. Operating containers in any environment is likely to result in the need for repairs and maintenance, which can lead to uncontrolled costs, added administration and time delays. By choosing SeaCover, you can calculate costs in advance and pay a one-off lump sum charge, allowing you to budget expenses more accurately.
Customers using SeaCover will be covered for repairs up to a set amount at the end of the lease.
When the operation of the container is complete, return it to the depot advised by Seaco. We will then make all the arrangements for SeaCover off-hire, including inspection and preparation of a repair estimate.
The repair items will be charged to Seaco within the agreed maximum coverage. Usually you will not be shown a damage estimate: these costs will automatically be approved and covered by the lump sum - saving time and administration.
You only pay for any missing parts or damage resulting from misuse and any amount over the agreed maximum coverage. The only other costs are those of handling and transport to and from the repair depot.
If there are other costs outside of the agreement, Seaco will notify you to allow them to approve or survey the damage as appropriate. Customers will however need to retain risk liability insurance for all events, including marine risk, perils, third party, cargo loss and major incidents.
As well as the need for repairs, damage also costs management time as depot repair estimates must be analysed, verified and authorised, the quality of repair must be supervised and invoices processed. Liability for this is not usually covered by standard insurance. SeaCover solves these problems since it is both easy to arrange and cost effective.
There are no complex insurance documents detailing onerous exclusions. Rather, SeaCover terms and exclusions are included in the lease contract, making it easy to manage the repair budget. The precise exclusions vary. Please contact us for more details.
SeaCover is Seaco's damage protection plan. It enables customers to eliminate the cost of repairing damage to the container at off-hire. Operating containers in any environment is likely to result in the need for repairs and maintenance, which can lead to uncontrolled costs, added administration and time delays. By choosing SeaCover, you can calculate costs in advance and pay a one-off lump sum charge, allowing you to budget expenses more accurately.
Rates are minimised since SeaCover is included with the daily rental with a nominal fee on return. Rates depend upon the number of units leased, length of lease and region of use.
To ensure that rates are kept to a minimum, the premium is charged at a daily rate with a lump sum or "deductible" at eventual off hire. Customers also have the option to add the lump sum pro rata to the daily charge.
It is necessary to retain all risks insurance. Liability insurance is usually designed to protect against specific events. SeaCover takes care of accumulated off-hire charges.












