Cleaning solvent which is free from Fire or toxicity hazards and is non-damaging to surfaces or materials being cleaned. To enhance its safety, such a solvent comes with instructions and information regarding its potential toxicity, flammability and explosiveness.
Tag: RAW
Said to Contain
Disclaimer noted on a bill of lading that the vessel carrying the cargo did not verify the type, quantity or condition of the cargo when the vessel received the loaded and sealed container.
Sailing for Different Destination
Where the destination is specified in the Policy and the ship instead of sailing for that destination sails for any other destination, risk does not attach.
Sailing Vessels Tariff (Indian)
The tariff is applicable to all selling vessels (merchandised or non-merchandised) value up to Rs. 20 lakhs. All sailing vessels forming part of a ‘major fleet’ should also be treated according to the tariff.
Sailing warranty
Implied warranty in a voyage policy on a ship that the voyage will proceed with reasonable despatch. Unreasonable delay may increase the hazards so permitting the insurer to avoid the policy.
Salaried sales agents
Insurance sales representatives who are paid hourly instead of by commissions. Also known as salaried sales representatives.
Salaried sales distribution system
Method that uses an insurance company’s salaried employees to sell and service insurance policies. They may work independently or with other sales agents.
Salaried sales representatives
See: salaried sales agents.
Salary continuation plan
Type of sick leave plan that allows employees to receive 100% of their salary for a specific number of days if they become ill or disabled. The number of days may increase as the worker’s length of service increases. Also called sick leave plan.
Salary grade scheme
A career average scheme under which the member’s benefits earned each year depend on an earnings range rather than an exact amount. All persons in the band receive the same benefit.