Under CIF terms, the beneficiary of the insurance policy will be endorsed to the buyer. Once the claim is successful, the insurance company's foreign currency compensation will be directly deposited into the buyer's designated overseas company or personal account.

Our legal red line is that the amounts on the China Customs declaration, export license, commercial invoice, and bank receipt must be consistent across all four documents. We firmly refuse to engage in the illegal act of issuing "false low-value invoices" to assist buyers in evading customs duties in the destination country.

Yes, but it will be downgraded. For vehicles that are out of warranty and have no claims records, we will require a more in-depth physical inspection and clearly label the details page as "Data Unavailable" to ensure transparency about the risks. These vehicles typically have a higher price discount.