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DIP & Beneficiaries

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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DIP & Beneficiaries

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  1. DIP & Beneficiaries

  2. 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

  3. Insured Debt 45 Days Max 5 Days if Default unknown 15 Days 15 Days 15 Days 1 2 3 4 5 Due Date

  4. Claim Immediately notify: Thai Star Surety Co., Ltd. 02-2454082 – 3 02-2467579 09-7763311 09-1060967

  5. 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

  6. 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

  7. 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

  8. 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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