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DIP & Beneficiaries. Benefits / Indemnity Primary Policy : 100 MBht per Policy Period Secondary Policy : 100 MBht in excess of the Primary Policy per Cargo Agent and per Policy Period. Insured Debt. 45 Days. Max 5 Days if Default unknown. 15 Days. 15 Days. 15 Days.

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Presentation Transcript

DIP

&

Beneficiaries


Benefits / Indemnity

Primary Policy :

100 MBht per Policy Period

Secondary Policy :

100 MBht in excess of the Primary

Policy per Cargo Agent and

per Policy Period


Insured Debt

45 Days

Max 5 Days if Default unknown

15 Days

15 Days

15 Days

1 2 3 4 5

Due Date


Claim

Immediately notify:

Thai Star Surety Co., Ltd.

02-2454082 – 3 02-2467579

09-7763311 09-1060967


Claim Notification & Settlement

Notifying Airline

I: Notify the Insurer within 10 daysfrom the Dateof Default(thru Fax Tel E-mail)

II: Submit a letter of claim stating the amount of outstanding debt together with the supporting documents i.e. CSR, Invoice, Dud Cheque, AWB


Claim Notification & Settlement

Other Affected Airlines

I: Confirm the Insurer within 10 daysfrom the date of receipt of the letter whether you are an affected creditor.

II: If you are, submit a letter of claim stating the amount of the outstanding debt together with the supporting documents i.e. CSR, Invoice, Dud Cheque, AWB


Claim Notification & Settlement

Publicized DEFAULT

Due Date

Notification (max 10 days)

(confirm in 10 days)

Obtains supporting documents from affected Beneficiaries ready for a Creditors Meeting


Once the submission of supporting documents has completely been made, Co-Creditors Meeting will be organized and the settlement can be made within 10 days following the resolution of the meeting.


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