Page 91 - Misc Ebook IC 78
P. 91
Miscellaneous Insurance
or criminal act by the Janata agents or chhoti
bachat yojana agents or pygmy collectors etc.
Provided such agents are regular part-time
agents of the insured bank and their appointed
after full scrutiny of their credentials and
guaranteed by two reliable independent persons.
The liability of the insurer is limited to 5% of
the basic sum insured or Rs 10,000 whichever
is less.
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