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Cash in transit insurance from where the transit starts and what is the insurance meaning of transit?
Wiki User
∙ 14y ago
Insurance meaning of transit is the common meaning of the word i.e. journey from one place to other. In case of Cash in transit, the insurance attaches during transit i.e. transit start and end as specified under the schedule of policy.
Wiki User
∙ 14y ago
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Is cash in transit account receivable or cash account?
why do you debit cash account and credit receivables for cash in transit
Does security cert 2 cover cash in transit?
does security cert 2 cover cash in transit
Will a cash in transit truck be robbed?
How much and where?
How much does a cash in transit officer get paid?
25000
What does cash in transit refer to?
Cash in transit is also commonly referred to as CIT or CVIT which means the physical transferring process of banknotes, coins or other valuable items.
Does term insurance have cash value?
Term insurance may or may not have cash value at some point. It has no value when it expires. For example, If a person bought term insurance at 30 which would expire at 70, it could have some cash value when that person was between the ages of 40 and 60. Term life starts losing cash value when people start dying. It becomes worthless when it expires. If you want to use your term life insurance policy, you will need to die before it expires.
Meaning of deposit insurance?
Insurance by our government that will guarantee your cash (deposits) up to a limit if the bank becomes insolvent. I believe the limit is now $250,000 per depositor.
Where can one find information about cash register car insurance?
You can find information about cash register car insurance at Auto Insurance Quotes, Auto Insure, Direct General, Manta, Insurance Lower and Cash Register Insurance.
How can you cash your Life Insurance policy in with Royal Neighbors of America?
I would like to cash in my insurance
Which is not an example of cash value insurance?
Term Insurance
What is the journal entry for advance insurance premium paid in cash?
prepaid insurance a/c..........dr. To insurance a/c
What is the journal entry for life insurance policy premium paid?
Life insurance a/c......... Dr to cash a/c
