Mr. Naresh Batra a businessman
incurred some financial loss due to
the dishonesty of his workers. This
loss is caused due to
O Natural cause
O financial cause
оооо
O Human cause
O Economic cause
Answers
Explanation:
Mr. Naresh Batra a businessman
incurred some financial loss due to
the dishonesty of his workers. This
loss is caused due to
O Natural cause
O financial cause
O Human cause
O Economic cause
2 options
O Human cause
Answer:
Human Cause
Explanation:
Regarding Dishonesty in employees causing loss to employer there is a insurance policy called Fidelity Guarantee Insurance Policy which is explained below
If you can determine which employee is at fault for a loss of money or property as A direct result of dishonesty,
Employee dishonesty is committed both during the policy period and while the employee is employed, provided that the policy has been renewed continuously without a break with the insurance company.
The dishonesty is first discovered either during the insurance period or within 12 months of the policy's expiration or cancellation.
When the loss is discovered, it is promptly reported to the police.
The following conditions must be met before the insurance company is obligated to pay more than one claim regarding an employee's action:
1. Each employee will only be responsible for the Sum Insured.
2.When multiple claims result from a single fraudulent or dishonest act by the employee, one claim shall be characterized in accordance with "Claims Aggregation."
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