Page 117 - Misc Ebook IC 78
P. 117

Miscellaneous Insurance

              Policies are issued to individuals only. Two types of
              plans are available, under Standard Overseas
              Medical Policy and Videsh Yatra Mitra respectively.

         (iv) Delay of Checked Baggage - this insurance pay
              up to the limit of cover mentioned in the schedule
              for the necessary emergency purchase of
              replacement items in the event that the insured
              person suffers a delay of more than 12 hours for
              the delivery of checked in baggage(by any
              international airline for an international outbound
              flight from India) from the scheduled arrival time at
              the destination.

Q7.A) Specify the features of a good and effective
        system of check and supervision introduced
        by an employer to control the risk of
        financial fraud.

Q.B) What is meant by discovery period in fidelity
        guarantee insurance and what is the purpose
        for the same?

Ans.A) An employer has to ensure that all precautions, checks

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