Well yes but Nodechef was used before I joined the company I work for. Needless to say, we migrated away from them due to that they didn't handle the situation

Well yes but Nodechef was used before I joined the company I work for. Needless to say, we migrated away from them due to that they didn't handle the situation to our satisfaction. Since then we've updated our view on backups a lot and it was a valuable lesson for us (or rather the managers). We didn't lose that much data and not anything important since we had backups but they were not daily. Even if you read the terms and conditions it's hard as a developer to really grok what legalese actually say in practice and since I work for a small company we can't really go out and hire a lawyer for each and every terms and conditions. Instead we now spend time to write our own backup strategy in case a new fire should occur, or something else like war.