Page 112 - Misc Ebook IC 78
P. 112
The Insurance Times
(iii) Postal orders, etc, in transit from the post office to
the insured's premises.
(iv) Wages in transit from the insured's main premises
to his branch premises.
(v) Cash, other than wages, in transit from bank to
insured's premises, from insured's premises to bank
and between insured's main premises and his branch
premises.
(vi) Cheques, bills of exchange, money orders and postal
orders in transit from the insured's premises to bank.
(vii)Cash collected by employees from the time of
collection and until delivered at the insured's
premises or bank on the day of collection.
(viii)Unpaid wages, etc, retained at the insured's premises
aimed burglar resisting safe, or strongroom.
The term money usually covers coins, currency notes,
cheques, bank drafts, postal orders, postal stamps, etc.
Section II covers the money in the safe:
Cash in currency notes secured in safe is sometimes
Website: www.bimabazaar.com Call: 033-22184184 / 40078428 108
Copyright@ The Insurance Times. 09883398055 / 09883380339