SOCIETATEA ASIGURARE-REASIGURARE ASTRA S.A.
Guarantee insurance of the risk of failure of payment of the outstanding debt for dealer agreements (IATA)
Coverage of the risk of financial losses of the beneficiary caused by the failure to pay the value of the tickets sold by the Contracting Party on the due date. The proven net financial loss is the loss of amounts of money afferent to all supported transactions on their maturity date or after the maturity date, due by the Agent when the Contracting Party was declared culpable in accordance with the IATA rules on the position of Agent and the respective amounts were not settled (paid) in the Billing and Settlement Plan system or to participating Members outside of IATA.
