In the next section, they keep telling us a lie that you somehow still can recover your wallet if you lose your iCoin:
What happens if I lose my seed phrase?
If you still have access to your iCoin Hardware Wallet and know your pin, you can go into your wallet’s settings and display or print your seed phrase.
If you have lost your seed phrase and your hardware wallet, your funds will not be able to be recovered.
If you lose your hardware wallet, you won't be able to regain access to your funds (even if a copy of the seed phrase is still in your possession). The reason is exactly the same: you will have no idea what the right derivation path is.
A non-standard derivation path which is kept hidden by the device or software is a big red flag and a no-go, stay away from such shit.
If you lost your iCoin and still have the mnemonic seed words
and you can still by another new iCoin, then it might work to recover your wallet. A win for the company as another shitty device is sold. I guess the marketing department had lots of "nice ideas" in the development process of such crap.