Caught on video- Allah destroys Christian Idol SubhanAllah

Sponsors and Advertisements

A separate limit of liability is set for cash outside the premises. This refers to cash on the way to the bank to be deposited or on the way to the premises after having been withdrawn from the bank. Cash in the hands of field salesmen and collectors can also be covered.

The third limit of liability is set for the payroll. The coverage starts as soon as an employee, such as a cashier, gets the cash at the bank, continues until the cash arrives at the premises and ends at the time the payroll is handed over to the approved employee.

The loss of checks is also covered but the insurance company will pay only what it takes to have the checks reissued. So, it is important that as soon as the loss of a check is known, the bank should be advised immediately to stop payment on it.A separate limit of liability is set for cash outside the premises. This refers to cash on the way to the bank to be deposited or on the way to the premises after having been withdrawn from the bank. Cash in the hands of field salesmen and collectors can also be covered.

The third limit of liability is set for the payroll. The coverage starts as soon as an employee, such as a cashier, gets the cash at the bank, continues until the cash arrives at the premises and ends at the time the payroll is handed over to the approved employee.

The loss of checks is also covered but the insurance company will pay only what it takes to have the checks reissued. So, it is important that as soon as the loss of a check is known, the bank should be advised immediately to stop payment on it.

Leave a Reply

Your email address will not be published. Required fields are marked *