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  Claim Procedure

1. The claim cannot be accepted if the business is done before the policy’s program commencement date.


2. Combined Freight Networks (CFN) does not accept any claim from the member who does not hold the Payment Protection FPP program Policy.


3.  Claims should be made within 15 days after notice of bankruptcy/insolvency.


4. Creditors must report the default within 90 days from the date of Invoice.


5.  Three minimum (3) reminders have been sent at reasonable intervals, the latest being within 60 days of the date of the invoice.


6.  Only freight invoices from participating offices will be eligible to this CFN FPP program.


7. To submit unpaid invoice related to freight forwarding, transportation.


8. The cost of the transportation from A to Z.  


9. Before to compensate the Freight Payment Protection claim, CFN Management will take the needful time on trying to recover the amount from the Debtor.


10.  Each case will be evaluated by the administrator approval. Admin office will employ the services of a professional collection agency to pursue debt collection from the debtor to recover loss of paid out funds thru legal means.


11.  On failure of collection by the collection agency, admin office will instruct to release the compensation from the fund pool. It takes approx 45 days to complete the compensation procedure. 


12.   CFN Management decisions are not questionable.


  


 


 


 

Combined Freight Networks is set to be a dynamic and professional Network with a focus on quality. Membership levels are controlled by market in order to ensure that all members have the opportunity to participate fully & benefit from business growth through building & consolidating relationships with fellow members. The Combined Freight Networks aims to be the most dynamic global alliance of selected freight & logistics providers.

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CONTACT US

Mailing Address

Combined Freight Networks Pvt Ltd,
#90, Linghi Street, Mannady,
Chennai, India.

Email: info@combinedfreightnetworks.com

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